IE00B3BQJQ60 (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B3BQJQ60 -- Ireland Fund  

    GBp 984.00  2.00  0.20%

    IE00B3BQJQ60 probability of target price tool provides mechanism to make assumptions about upside and downside potential of IE00B3BQJQ60 performance during a given time horizon utilizing its historical volatility. Please specify IE00B3BQJQ60 time horizon, a valid symbol (red box) and a target price (blue box) you would like IE00B3BQJQ60 odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    IE00B3BQJQ60 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     984.00 30 days 984.00  ABOUT 9.58%
    Based on normal probability distribution, the odds of IE00B3BQJQ60 to move above current price in 30 days from now is about 9.58% (This IE00B3BQJQ60 probability density function shows the probability of IE00B3BQJQ60 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, IE00B3BQJQ60 has beta of -0.0141 . This indicates as returns on benchmark increase, returns on holding IE00B3BQJQ60 are expected to decrease at a much smaller rate. During bear market, however, IE00B3BQJQ60 is likely to outperform the market. Additionally IE00B3BQJQ60 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     IE00B3BQJQ60 Price Density 
          Price 
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =479.31
    Ir
    Information ratio =0.99

    IE00B3BQJQ60 Alerts

    IE00B3BQJQ60 Alerts and Suggestions

    IE00B3BQJQ60 is not yet fully synchronised with the market data
    IE00B3BQJQ60 generates negative expected return over the last 30 days
    IE00B3BQJQ60 generated five year return of 0.0%
    This fund retains about 16.01% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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