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

    F00000UHSY -- Ireland Fund  

    EUR 23.18  0.25  1.09%

    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
     23.18 30 days 23.18  ABOUT 33.84%
    Based on normal probability distribution, the odds of Polar UK to move above current price in 30 days from now is about 33.84% (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 -0.0035 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Polar UK Absolute is significantly underperforming DOW.
     Polar UK Price Density 
          Price 
    α
    Alpha over DOW
    =0.12
    β
    Beta against DOW=0.0035
    σ
    Overall volatility
    =11.69
    Ir
    Information ratio =0.56

    Polar UK Alerts

    Polar UK Alerts and Suggestions

    Polar UK Absolute is not yet fully synchronised with the market data
    The fund retains about 33.72% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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