First State (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B29SXK94 -- Ireland Fund  

    USD 12.01  0.16  1.31%

    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.
    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
     12.01 30 days 12.01  ABOUT 12.17%
    Based on normal probability distribution, the odds of First State to move above current price in 30 days from now is about 12.17% (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 0.0117 . This indicates as returns on market go up, First State average returns are expected to increase less than the benchmark. However during bear market, the loss on holding First State Glbl Listed Infra I Acc will be expected to be much smaller as well. Additionally The company has an alpha of 0.0305 implying that it can potentially generate 0.0305% excess return over DOW after adjusting for the inherited market risk (beta).
     First State Price Density 
          Price 
    α
    Alpha over DOW
    =0.030489
    β
    Beta against DOW=0.0117
    σ
    Overall volatility
    =6.16
    Ir
    Information ratio =0.39

    First State Alerts

    First State Alerts and Suggestions

    First State Glbl is not yet fully synchronised with the market data
    The fund retains 98.06% of its assets under management (AUM) in equities

    Price Density Drivers

    First State Health Indicators

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