IE00B01ZS211 (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B01ZS211 -- Ireland Fund  

    GBp 2,318  1.00  0.0431%

    IE00B01ZS211 probability of target price tool provides mechanism to make assumptions about upside and downside potential of IE00B01ZS211 performance during a given time horizon utilizing its historical volatility. Please specify IE00B01ZS211 time horizon, a valid symbol (red box) and a target price (blue box) you would like IE00B01ZS211 odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    IE00B01ZS211 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     2,318 30 days 2,318  ABOUT 20.3%
    Based on normal probability distribution, the odds of IE00B01ZS211 to move above current price in 30 days from now is about 20.3% (This IE00B01ZS211 probability density function shows the probability of IE00B01ZS211 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, IE00B01ZS211 has beta of 0.0011 . This indicates as returns on market go up, IE00B01ZS211 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IE00B01ZS211 will be expected to be much smaller as well. Additionally IE00B01ZS211 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW.
     IE00B01ZS211 Price Density 
          Price 
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.0011
    σ
    Overall volatility
    =1,156
    Ir
    Information ratio =6.43

    IE00B01ZS211 Alerts

    IE00B01ZS211 Alerts and Suggestions

    IE00B01ZS211 is not yet fully synchronised with the market data
    The fund has annual holdings turnover of about 329.0% suggesting active trading
    IE00B01ZS211 retains roughly 20.99% of its assets under management (AUM) in cash

    Price Density Drivers

    IE00B01ZS211 Health Indicators

    Please also check Risk vs Return Analysis. Please also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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