Smith Williamson (Ireland) Probability of Target Price Finishing Over Current Price

    IE0031482866 -- Ireland Fund  

    GBp 162.00  1.00  0.61%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     162.00 30 days 162.00  ABOUT 14.1%
    Based on normal probability distribution, the odds of Smith Williamson to move above current price in 30 days from now is about 14.1% (This Smith Williamson Santos Investment GBP probability density function shows the probability of Smith Williamson Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Smith Williamson Santos Investment GBP has beta of -0.0225 . This indicates as returns on benchmark increase, returns on holding Smith Williamson are expected to decrease at a much smaller rate. During bear market, however, Smith Williamson Santos Investment GBP is likely to outperform the market. Additionally Smith Williamson Santos Investment GBP has an alpha of 0.0147 implying that it can potentially generate 0.0147% excess return over DOW after adjusting for the inherited market risk (beta).
     Smith Williamson Price Density 
          Price 
    α
    Alpha over DOW
    =0.014737
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =85.33
    Ir
    Information ratio =0.34

    Smith Williamson Alerts

    Smith Williamson Alerts and Suggestions

    Smith Williamson is not yet fully synchronised with the market data
    The fund retains about 6.17% of its assets under management (AUM) in cash

    Price Density Drivers

    Smith Williamson Health Indicators

    Please also check Risk vs Return Analysis. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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