F00000UK31 (Ireland) Probability of Target Price Finishing Over Current Price

    F00000UK31 -- Ireland Fund  

    EUR 86.03  0.32  0.37%

    F00000UK31 probability of target price tool provides mechanism to make assumptions about upside and downside potential of F00000UK31 IR performance during a given time horizon utilizing its historical volatility. Please specify F00000UK31 time horizon, a valid symbol (red box) and a target price (blue box) you would like F00000UK31 odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    F00000UK31 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     86.03 30 days 86.03  ABOUT 33.29%
    Based on normal probability distribution, the odds of F00000UK31 to move above current price in 30 days from now is about 33.29% (This F00000UK31 IR probability density function shows the probability of F00000UK31 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, F00000UK31 IR has beta of -0.0847 suggesting as returns on benchmark increase, returns on holding F00000UK31 are expected to decrease at a much smaller rate. During bear market, however, F00000UK31 IR 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. F00000UK31 IR is significantly underperforming DOW.
     F00000UK31 Price Density 
          Price 
    α
    Alpha over DOW
    =0.37
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =43.07
    Ir
    Information ratio =0.6

    F00000UK31 Alerts

    F00000UK31 Alerts and Suggestions

    F00000UK31 IR is not yet fully synchronised with the market data
    The fund retains about 33.03% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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