BNY Mellon (Ireland) Probability of Target Price Finishing Over Current Price

    IE0032177440 -- Ireland Fund  

    USD 1.00  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.00 30 days 1.00  ABOUT 30.4%
    Based on normal probability distribution, the odds of BNY Mellon to move above current price in 30 days from now is about 30.4% (This BNY Mellon US Dollar Liquidity H probability density function shows the probability of BNY Mellon Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BNY Mellon has beta of 0.0 . This indicates the returns on DOW and BNY Mellon appear completely uncorrelated. Additionally BNY Mellon US Dollar Liquidity HIt does not look like BNY Mellon alpha can have any bearing on the equity current valuation.
     BNY Mellon Price Density 
          Price 
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =0.42
    Ir
    Information ratio =0.00

    BNY Mellon Alerts

    BNY Mellon Alerts and Suggestions

    BNY Mellon US is not yet fully synchronised with the market data
    BNY Mellon US generates negative expected return over the last 30 days
    BNY Mellon US has some characteristics of a very speculative penny stock
    On December 31, 2018 BNY Mellon paid $ 0.0012 per share dividend to its current shareholders
    The fund retains about 92.42% of its assets under management (AUM) in cash

    Price Density Drivers

    BNY Mellon Health Indicators

    Please also check Risk vs Return Analysis. Please also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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