NFB Global (Ireland) Probability of Target Price Finishing Over Current Price

    F00000QESH -- Ireland Fund  

    USD 12.10  0.42  3.35%

    NFB Global probability of target price tool provides mechanism to make assumptions about upside and downside potential of NFB Global Balanced Fd of Fds A USD Acc performance during a given time horizon utilizing its historical volatility. Please specify NFB Global time horizon, a valid symbol (red box) and a target price (blue box) you would like NFB Global odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    NFB Global Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.10 30 days 12.10  ABOUT 33.68%
    Based on normal probability distribution, the odds of NFB Global to move above current price in 30 days from now is about 33.68% (This NFB Global Balanced Fd of Fds A USD Acc probability density function shows the probability of NFB Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, NFB Global has beta of 0.0137 suggesting as returns on market go up, NFB Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding NFB Global Balanced Fd of Fds A USD Acc will be expected to be much smaller as well. Additionally NFB Global Balanced Fd of Fds A USD Acc has an alpha of 0.0622 implying that it can potentially generate 0.0622% excess return over DOW after adjusting for the inherited market risk (beta).
     NFB Global Price Density 
    Alpha over DOW
    Beta against DOW=0.0137
    Overall volatility
    Information ratio =0.35

    NFB Global Alerts

    NFB Global Alerts and Suggestions

    NFB Global Balanced is not yet fully synchronised with the market data
    NFB Global Balanced generates negative expected return over the last 30 days
    The fund retains about 25.63% of its assets under management (AUM) in cash

    Price Density Drivers

    NFB Global Health Indicators

    Additionally see Investing Opportunities. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.