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

    F00000UPXO -- Ireland Fund  

    EUR 10.83  0.08  0.73%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.83 30 days 10.83  ABOUT 21.56%
    Based on normal probability distribution, the odds of Polar Capital to move above current price in 30 days from now is about 21.56% (This Polar Capital Europeanome S probability density function shows the probability of Polar Capital Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Polar Capital Europeanome S has beta of -0.1466 suggesting as returns on benchmark increase, returns on holding Polar Capital are expected to decrease at a much smaller rate. During bear market, however, Polar Capital Europeanome S is likely to outperform the market. Additionally Polar Capital Europeanome S has an alpha of 0.1199 implying that it can potentially generate 0.1199% excess return over DOW after adjusting for the inherited market risk (beta).
     Polar Capital Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.12
    β
    Beta against DOW=0.15
    σ
    Overall volatility
    =5.40
    Ir
    Information ratio =0.59

    Polar Capital Alerts

    Polar Capital Alerts and Suggestions

    Polar Capital is not yet fully synchronised with the market data
    Polar Capital generates negative expected return over the last 30 days
    The fund retains 98.44% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.
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