Polar UK (Ireland) Probability of Target Price Finishing Over Current Price

    F00000UHSY -- Ireland Fund  

    EUR 24.94  0.77  2.99%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     24.94 30 days 24.94  ABOUT 22.78%
    Based on normal probability distribution, the odds of Polar UK to move above current price in 30 days from now is about 22.78% (This Polar UK Absolute Equity S Euro probability density function shows the probability of Polar UK Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Polar UK Absolute Equity S Euro has beta of -0.2172 suggesting as returns on benchmark increase, returns on holding Polar UK are expected to decrease at a much smaller rate. During bear market, however, Polar UK Absolute Equity S Euro is likely to outperform the market. Additionally Polar UK Absolute Equity S Euro has an alpha of 0.0174 implying that it can potentially generate 0.0174% excess return over DOW after adjusting for the inherited market risk (beta).
     Polar UK Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.017437
    β
    Beta against DOW=0.22
    σ
    Overall volatility
    =12.93
    Ir
    Information ratio =0.29

    Polar UK Alerts

    Polar UK Alerts and Suggestions

    The fund retains about 33.72% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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