IE00B3CH6563 (Ireland) Probability of Target Price Finishing Over

    IE00B3CH6563 -- Ireland Fund  

    GBp 939.00  1.00  0.11%

    IE00B3CH6563 probability of target price tool provides mechanism to make assumptions about upside and downside potential of IE00B3CH6563 performance during a given time horizon utilizing its historical volatility. Please specify IE00B3CH6563 time horizon, a valid symbol (red box) and a target price (blue box) you would like IE00B3CH6563 odds to be computed. Please also check Risk vs Return Analysis.
     Time Horizon     30 Days    Login   to change
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    IE00B3CH6563 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     939.00 30 days 939.00  ABOUT 19.35%
    Based on normal probability distribution, the odds of IE00B3CH6563 to move above current price in 30 days from now is about 19.35% (This IE00B3CH6563 probability density function shows the probability of IE00B3CH6563 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, IE00B3CH6563 has beta of -0.0217 . This indicates as returns on benchmark increase, returns on holding IE00B3CH6563 are expected to decrease at a much smaller rate. During bear market, however, IE00B3CH6563 is likely to outperform the market. Additionally IE00B3CH6563 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     IE00B3CH6563 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.04
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =542.42
    Ir
    Information ratio =0.66

    IE00B3CH6563 Alerts

    IE00B3CH6563 Alerts and Suggestions
    IE00B3CH6563 generated five year return of -1.0%
    This fund retains about 16.01% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.