FC High (Ireland) Probability of Target Price Finishing Over Current Price

    F0GBR0602L -- Ireland Fund  

    EUR 11.18  0.06  0.01%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.18 30 days 11.18  ABOUT 27.02%
    Based on normal probability distribution, the odds of FC High to move above current price in 30 days from now is about 27.02% (This FC High Income Bond A New EUR Acc probability density function shows the probability of FC High Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, FC High Income Bond A New EUR Acc has beta of -0.091 suggesting as returns on benchmark increase, returns on holding FC High are expected to decrease at a much smaller rate. During bear market, however, FC High Income Bond A New EUR 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. FC High Income is significantly underperforming DOW.
     FC High Price Density 
          Price 
    α
    Alpha over DOW
    =0.24
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =5.96
    Ir
    Information ratio =0.2

    FC High Alerts

    FC High Alerts and Suggestions

    FC High Income is not yet fully synchronised with the market data
    The fund retains about 37.12% of its assets under management (AUM) in cash
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