First State (Ireland) Probability of Target Price Finishing Over Current Price

    IE0008374245 -- Ireland Fund  

    USD 56.30  0.000001  0.00%

    First State probability of target price tool provides mechanism to make assumptions about upside and downside potential of First State Asian Growth III performance during a given time horizon utilizing its historical volatility. Please specify First State time horizon, a valid symbol (red box) and a target price (blue box) you would like First State odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    First State Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     56.30 30 days 56.30  ABOUT 26.95%
    Based on normal probability distribution, the odds of First State to move above current price in 30 days from now is about 26.95% (This First State Asian Growth III probability density function shows the probability of First State Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, First State Asian Growth III has beta of -0.9026 . This indicates Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. First State Asian is significantly underperforming DOW.
     First State Price Density 
    Alpha over DOW
    Beta against DOW=0.9
    Overall volatility
    Information ratio =0.19

    First State Alerts and Suggestions

    First State Asian is not yet fully synchronised with the market data
    The fund retains about 5.97% of its assets under management (AUM) in cash

    First StatePrice Density Drivers