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

    IE0031294410 -- Ireland Fund  

    USD 12,196  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
     12,196 30 days 12,196  ABOUT 28.86%
    Based on normal probability distribution, the odds of GS USD to move above current price in 30 days from now is about 28.86% (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 Liquid Reserve Adm Acc has beta of -0.021 . This indicates as returns on benchmark increase, returns on holding GS USD are expected to decrease at a much smaller rate. During bear market, however, GS USD Liquid Reserve Adm Acc is likely to outperform the market. Additionally GS USD Liquid Reserve Adm Acc has an alpha of 0.0293 implying that it can potentially generate 0.0293% excess return over DOW after adjusting for the inherited market risk (beta).
     GS USD Price Density 
          Price 
    α
    Alpha over DOW
    =0.02928
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =5,504
    Ir
    Information ratio =0.45

    GS USD Alerts

    GS USD Alerts and Suggestions

    GS USD Liquid is not yet fully synchronised with the market data
    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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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