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 
    Alpha over DOW
    Beta against DOW=0.0035
    Overall volatility
    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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