Algebris Financial (Ireland) Probability of Target Price Finishing Over

    F00000QTIP -- Ireland Fund  

    EUR 133.70  0.26  0.19%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     133.70 30 days 133.70  ABOUT 5.56%
    Based on normal probability distribution, the odds of Algebris Financial to move above current price in 30 days from now is about 5.56% (This Algebris Financial Credit R EUR Acc probability density function shows the probability of Algebris Financial Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Algebris Financial has beta of 0.8121 suggesting as returns on market go up, Algebris Financial average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Algebris Financial Credit R EUR Acc will be expected to be much smaller as well. Additionally Algebris Financial Credit R EUR Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Algebris Financial Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.1
    β
    Beta against DOW=0.81
    σ
    Overall volatility
    =61.02
    Ir
    Information ratio =0.12

    Algebris Financial Alerts

    Algebris Financial Alerts and Suggestions
    Algebris Financial C generates negative expected return over the last 30 days
    Additionally see Investing Opportunities. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.