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  UNDER 4%
    Based on normal probability distribution, the odds of IE00B01ZS211 to move above current price in 30 days from now is under 4% (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 -0.0027 . This indicates as returns on benchmark increase, returns on holding IE00B01ZS211 are expected to decrease at a much smaller rate. During bear market, however, IE00B01ZS211 is likely to outperform the market. 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.0027
    σ
    Overall volatility
    =994.52
    Ir
    Information ratio =12.23

    IE00B01ZS211 Alerts

    IE00B01ZS211 Alerts and Suggestions

    IE00B01ZS211 is not yet fully synchronised with the market data
    IE00B01ZS211 generates negative expected return over the last 30 days
    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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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