Perkins US (Ireland) Probability of Target Price Finishing Over

    F0GBR04CLQ -- Ireland Fund  

    USD 26.44  0.08  0.30%

    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.
     Time 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
     26.44 30 days 26.44  ABOUT 19.81%
    Based on normal probability distribution, the odds of Perkins US to move above current price in 30 days from now is about 19.81% (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 has beta of 0.3908 suggesting as returns on market go up, Perkins US average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Perkins US Strategic Value A USD Acc will be expected to be much smaller as well. Additionally Perkins US Strategic Value A USD Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Perkins US Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.16
    β
    Beta against DOW=0.39
    σ
    Overall volatility
    =13.15
    Ir
    Information ratio =0.22

    Perkins US Alerts

    Perkins US Alerts and Suggestions
    Perkins US Strategic generates negative expected return over the last 30 days
    The fund retains about 6.02% of its assets under management (AUM) in cash
    Additionally see Investing Opportunities. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.