Barclays (Ireland) Probability of Target Price Finishing Over Current Price

    IE0031654456 -- Ireland Fund  

    GBp 139.00  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     139.00 30 days 139.00  ABOUT 16.49%
    Based on normal probability distribution, the odds of Barclays to move above current price in 30 days from now is about 16.49% (This Barclays UK Balanced B probability density function shows the probability of Barclays Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Barclays UK Balanced B has beta of -0.0195 . This indicates as returns on benchmark increase, returns on holding Barclays are expected to decrease at a much smaller rate. During bear market, however, Barclays UK Balanced B is likely to outperform the market. Additionally Barclays UK Balanced B has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Barclays Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =71.23
    Ir
    Information ratio =0.24

    Barclays Alerts

    Barclays Alerts and Suggestions

    Barclays UK Balanced is not yet fully synchronised with the market data
    The fund retains about 8.49% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.
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