Sector Healthcare (Ireland) Probability of Target Price Finishing Over Current Price

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  ABOUT 92.4%
    Based on normal probability distribution, the odds of Sector Healthcare to move above current price in 30 days from now is about 92.4% (This Sector Healthcare Fund EUR probability density function shows the probability of Sector Healthcare Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Sector Healthcare has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Sector Healthcare are completely uncorrelated. Additionally Sector Healthcare Fund EURIt does not look like Sector Healthcare alpha can have any bearing on the equity current valuation.
     Sector Healthcare Price Density 
          Price 
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =88.42
    Ir
    Information ratio =0.00

    Sector Healthcare Alerts

    Sector Healthcare Alerts and Suggestions

    Sector Healthcare is not yet fully synchronised with the market data
    Sector Healthcare has some characteristics of a very speculative penny stock
    The fund retains about 50.96% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.
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