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

    IE00B02L3N44 -- Ireland Fund  

    EUR 335.12  2.46  0.74%

    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
     335.12 30 days 335.12  ABOUT 20.3%
    Based on normal probability distribution, the odds of NT North to move above current price in 30 days from now is about 20.3% (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 0.0802 . 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 NT North America Equity Index B Euro has an alpha of 0.0409 implying that it can potentially generate 0.0409% excess return over DOW after adjusting for the inherited market risk (beta).
     NT North Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.040918
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =168.17
    Ir
    Information ratio =0.17

    Current Sentiment - IE00B02L3N44

    NT North America Investor Sentiment

    Macroaxis portfolio users are indifferent in their judgment towards investing in NT North America Equity Index B Euro. What is your trading attitude regarding investing in NT North America Equity Index B Euro? Are you bullish or bearish?
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