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

    IE0031574209 -- Ireland Fund  

    EUR 22.18  0.20  0.01%

    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
     22.18 30 days 22.18  ABOUT 1.63%
    Based on normal probability distribution, the odds of Brandes Global to move above current price in 30 days from now is about 1.63% (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 0.0012 . 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 an alpha of 0.0533 implying that it can potentially generate 0.0533% excess return over DOW after adjusting for the inherited market risk (beta).
     Brandes Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.05
    β
    Beta against DOW=0.0012
    σ
    Overall volatility
    =8.64
    Ir
    Information ratio =0.21

    Brandes Global Alerts

    Brandes Global Alerts and Suggestions

    Brandes Global Value is not yet fully synchronised with the market data
    The fund retains 97.38% of its assets under management (AUM) in equities

    Price Density Drivers

    Brandes Global Health Indicators

    Please also check Risk vs Return Analysis. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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