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 -0.042 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 F00000UK31 IR has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     F00000UK31 Price Density 
          Price 
    α
    Alpha over DOW
    =0.39
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =43.07
    Ir
    Information ratio =0.25

    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 Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.
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