Incline Global (Ireland) Probability of Target Price Finishing Over Current Price

    F00000X62E -- Ireland Fund  

    USD 960.07  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     960.07 30 days 960.07  CLOSE TO 99%
    Based on normal probability distribution, the odds of Incline Global to move above current price in 30 days from now is close to 99% (This Incline Global LS Eq UCITS E USD Acc probability density function shows the probability of Incline Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Incline Global LS Eq UCITS E USD Acc has beta of -0.2132 suggesting as returns on benchmark increase, returns on holding Incline Global are expected to decrease at a much smaller rate. During bear market, however, Incline Global LS Eq UCITS E USD Acc is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Incline Global LS is significantly underperforming DOW.
     Incline Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.32
    β
    Beta against DOW=0.21
    σ
    Overall volatility
    =43.89
    Ir
    Information ratio =0.12

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