Brandes Global (Ireland) Probability of Target Price Finishing Over Current Price

    IE0031574209 -- Ireland Fund  

    EUR 23.66  0.16  0.67%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     23.66 30 days 23.66 
    NEAR 1%
    Based on normal probability distribution, the odds of Brandes Global to move above current price in 30 days from now is near 1% (This Brandes Global Value I Euro Acc probability density function shows the probability of Brandes Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Brandes Global has beta of 0.1096 . This indicates as returns on market go up, Brandes Global average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Brandes Global Value I Euro Acc will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Brandes Global Value is significantly underperforming DOW.
     Brandes Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=0.11
    σ
    Overall volatility
    =8.11
    Ir
    Information ratio =0.68

    Brandes Global Alerts and Suggestions

    Brandes Global Value is not yet fully synchronised with the market data
    Brandes Global Value generates negative expected return over the last 30 days
    The fund retains 98.77% of its assets under management (AUM) in equities

    Brandes GlobalPrice Density Drivers

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