First State (Ireland) Probability of Target Price Finishing Over

    IE00B29SXK94 -- Ireland Fund  

    USD 12.69  0.05  0.40%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.69 30 days 12.69  UNDER 4%
    Based on normal probability distribution, the odds of First State to move above current price in 30 days from now is under 4% (This First State Glbl Listed Infra I Acc probability density function shows the probability of First State Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, First State has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and First State are completely uncorrelated. Additionally First State Glbl Listed Infra I AccIt does not look like First State alpha can have any bearing on the equity current valuation.
     First State Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =5.33
    Ir
    Information ratio =0.00

    First State Alerts

    First State Alerts and Suggestions
    The fund retains 98.06% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.