IE00B3CH6563 (Ireland) Probability of Target Price Finishing Over Current Price

    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.
    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
     0.00 30 days 0.00  ABOUT 92.84%
    Based on normal probability distribution, the odds of IE00B3CH6563 to move above current price in 30 days from now is about 92.84% (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 -0.0142 . 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
    =0.01
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =458.48
    Ir
    Information ratio =1.87

    IE00B3CH6563 Alerts

    IE00B3CH6563 Alerts and Suggestions

    IE00B3CH6563 is not yet fully synchronised with the market data
    IE00B3CH6563 has some characteristics of a very speculative penny stock
    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 Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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