GS USD (Ireland) Probability of Target Price Finishing Over Current Price

    IE0031294410 -- Ireland Fund  

    USD 12,211  0.60  0.0049%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12,211 30 days 12,211  ABOUT 19.73%
    Based on normal probability distribution, the odds of GS USD to move above current price in 30 days from now is about 19.73% (This GS USD Liquid Reserve Adm Acc probability density function shows the probability of GS USD Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, GS USD has beta of 0.0019 . This indicates as returns on market go up, GS USD average returns are expected to increase less than the benchmark. However during bear market, the loss on holding GS USD Liquid Reserve Adm Acc will be expected to be much smaller as well. Additionally GS USD Liquid Reserve Adm Acc has an alpha of 0.0088 implying that it can potentially generate 0.0088% excess return over DOW after adjusting for the inherited market risk (beta).
     GS USD Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.008801
    β
    Beta against DOW=0.0019
    σ
    Overall volatility
    =6,409
    Ir
    Information ratio =1.68

    GS USD Alerts

    GS USD Alerts and Suggestions

    The fund retains about 100.0% of its assets under management (AUM) in cash

    Price Density Drivers

    GS USD Health Indicators

    Please also check Risk vs Return Analysis. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.
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