Franklin Floating (Ireland) Probability of Target Price Finishing Over Current Price

    F00000VEWI -- Ireland Fund  

    EUR 8.93  0.02  0.22%

    Franklin Floating probability of target price tool provides mechanism to make assumptions about upside and downside potential of Franklin Floating Rate A Dis EUR H1 performance during a given time horizon utilizing its historical volatility. Please specify Franklin Floating time horizon, a valid symbol (red box) and a target price (blue box) you would like Franklin Floating odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    Franklin Floating Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     8.93 30 days 8.93  ABOUT 6.38%
    Based on normal probability distribution, the odds of Franklin Floating to move above current price in 30 days from now is about 6.38% (This Franklin Floating Rate A Dis EUR H1 probability density function shows the probability of Franklin Floating Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Franklin Floating Rate A Dis EUR H1 has beta of -0.0022 suggesting as returns on benchmark increase, returns on holding Franklin Floating are expected to decrease at a much smaller rate. During bear market, however, Franklin Floating Rate A Dis EUR H1 is likely to outperform the market. Additionally Franklin Floating Rate A Dis EUR H1 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Franklin Floating Price Density 
          Price 
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.0022
    σ
    Overall volatility
    =4.20
    Ir
    Information ratio =1.52

    Franklin Floating Alerts

    Franklin Floating Alerts and Suggestions

    Franklin Floating is not yet fully synchronised with the market data
    Franklin Floating generates negative expected return over the last 30 days
    The fund retains about 87.2% of its assets under management (AUM) in fixed income securities
    Additionally see Investing Opportunities. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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