Harding Loevner (Ireland) Probability of Target Price Finishing Over

    F00000WZ4K -- Ireland Fund  

    SGD 1.48  0.01  0.68%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.48 30 days 1.48  ABOUT 24.15%
    Based on normal probability distribution, the odds of Harding Loevner to move above current price in 30 days from now is about 24.15% (This Harding Loevner Global Equity SGD M probability density function shows the probability of Harding Loevner Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Harding Loevner Global Equity SGD M has beta of -0.1216 suggesting as returns on benchmark increase, returns on holding Harding Loevner are expected to decrease at a much smaller rate. During bear market, however, Harding Loevner Global Equity SGD M is likely to outperform the market. Additionally Harding Loevner Global Equity SGD M has an alpha of 0.5704 implying that it can potentially generate 0.5704% excess return over DOW after adjusting for the inherited market risk (beta).
     Harding Loevner Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.57
    β
    Beta against DOW=0.12
    σ
    Overall volatility
    =0.39
    Ir
    Information ratio =0.19

    Harding Loevner Alerts

    Harding Loevner Alerts and Suggestions
    Harding Loevner may become a speculative penny stock
    The fund retains 97.31% 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.