NT North (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B02L3N44 -- Ireland Fund  

    EUR 288.92  9.00  3.02%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     288.92 30 days 288.92  ABOUT 41.94%
    Based on normal probability distribution, the odds of NT North to move above current price in 30 days from now is about 41.94% (This NT North America Equity Index B Euro probability density function shows the probability of NT North Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, NT North has beta of 0.0031 . This indicates as returns on market go up, NT North average returns are expected to increase less than the benchmark. However during bear market, the loss on holding NT North America Equity Index B Euro will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. NT North America is significantly underperforming DOW.
     NT North Price Density 
          Price 
    α
    Alpha over DOW
    =0.12
    β
    Beta against DOW=0.0031
    σ
    Overall volatility
    =135.33
    Ir
    Information ratio =0.16

    NT North Alerts

    NT North Alerts and Suggestions

    NT North America is not yet fully synchronised with the market data
    NT North America generates negative expected return over the last 30 days

    Price Density Drivers

    NT North Health Indicators

    Please also check Risk vs Return Analysis. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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