ANIMA Star (Ireland) Probability of Target Price Finishing Over Current Price

    F00000W4CU -- Ireland Fund  

    EUR 4.69  0.06  1.26%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     4.69 30 days 4.69  ABOUT 12.6%
    Based on normal probability distribution, the odds of ANIMA Star to move above current price in 30 days from now is about 12.6% (This ANIMA Star Bond B Acc probability density function shows the probability of ANIMA Star Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, ANIMA Star Bond B Acc has beta of -0.0602 suggesting as returns on benchmark increase, returns on holding ANIMA Star are expected to decrease at a much smaller rate. During bear market, however, ANIMA Star Bond B Acc is likely to outperform the market. Additionally ANIMA Star Bond B Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     ANIMA Star Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0095
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =2.39
    Ir
    Information ratio =1.54

    ANIMA Star Alerts

    ANIMA Star Alerts and Suggestions

    ANIMA Star Bond generates negative expected return over the last 30 days
    The fund retains about 61.38% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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