NFB Global (Ireland) Probability of Target Price Finishing Over

    F00000QESH -- Ireland Fund  

    USD 13.03  0.04  0.31%

    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.
     Time Horizon     30 Days    Login   to change
    Refresh Odds

    NFB Global Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13.03 30 days 13.03  ABOUT 21.73%
    Based on normal probability distribution, the odds of NFB Global to move above current price in 30 days from now is about 21.73% (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 Balanced Fd of Fds A USD Acc has beta of -0.0488 suggesting as returns on benchmark increase, returns on holding NFB Global are expected to decrease at a much smaller rate. During bear market, however, NFB Global Balanced Fd of Fds A USD Acc is likely to outperform the market. Additionally NFB Global Balanced Fd of Fds A USD Acc has an alpha of 0.1096 implying that it can potentially generate 0.1096% excess return over DOW after adjusting for the inherited market risk (beta).
     NFB Global Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.11
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =6.28
    Ir
    Information ratio =0.12

    NFB Global Alerts

    NFB Global Alerts and Suggestions
    The fund retains about 25.63% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.