Perkins US (Ireland) Probability of Target Price Finishing Over Current Price

    F0GBR04CLQ -- Ireland Fund  

    USD 27.37  0.22  0.81%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     27.37 30 days 27.37  ABOUT 21.4%
    Based on normal probability distribution, the odds of Perkins US to move above current price in 30 days from now is about 21.4% (This Perkins US Strategic Value A USD Acc probability density function shows the probability of Perkins US Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Perkins US Strategic Value A USD Acc has beta of -0.7779 suggesting as returns on benchmark increase, returns on holding Perkins US are expected to decrease at a much smaller rate. During bear market, however, Perkins US Strategic Value A USD Acc is likely to outperform the market. Additionally Perkins US Strategic Value A USD Acc has an alpha of 0.2673 implying that it can potentially generate 0.2673% excess return over DOW after adjusting for the inherited market risk (beta).
     Perkins US Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.27
    β
    Beta against DOW=0.78
    σ
    Overall volatility
    =12.60
    Ir
    Information ratio =0.002326

    Perkins US Alerts

    Perkins US Alerts and Suggestions

    The fund retains about 6.02% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.
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