Northern Trust (Ireland) Probability of Target Price Finishing Over Current Price

    F00000W1CJ -- Ireland Fund  

    USD 13.52  0.08  0.59%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13.52 30 days 13.52  ABOUT 16.78%
    Based on normal probability distribution, the odds of Northern Trust to move above current price in 30 days from now is about 16.78% (This Northern Trust U S Fdmtl Idx B probability density function shows the probability of Northern Trust Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Northern Trust has beta of 0.143 suggesting as returns on market go up, Northern Trust average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Northern Trust U S Fdmtl Idx B will be expected to be much smaller as well. Additionally Northern Trust U S Fdmtl Idx B has an alpha of 0.7705 implying that it can potentially generate 0.7705% excess return over DOW after adjusting for the inherited market risk (beta).
     Northern Trust Price Density 
          Price 
    α
    Alpha over DOW
    =0.77
    β
    Beta against DOW=0.14
    σ
    Overall volatility
    =0.32
    Ir
    Information ratio =0.44

    Northern Trust Alerts

    Northern Trust Alerts and Suggestions

    Northern Trust U is not yet fully synchronised with the market data
    The fund retains 99.72% of its assets under management (AUM) in equities
    Additionally see Investing Opportunities. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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