Dimensional World (Ireland) Probability of Target Price Finishing Over

    IE00B458ZH80 -- Ireland Fund  

    USD 12.00  0.30  2.44%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.00 30 days 12.00  ABOUT 25.62%
    Based on normal probability distribution, the odds of Dimensional World to move above current price in 30 days from now is about 25.62% (This Dimensional World Equity USD probability density function shows the probability of Dimensional World Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Dimensional World has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Dimensional World are completely uncorrelated. Additionally Dimensional World Equity USDIt does not look like Dimensional World alpha can have any bearing on the equity current valuation.
     Dimensional World Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =6.44
    Ir
    Information ratio =0.00

    Dimensional World Alerts

    Dimensional World Alerts and Suggestions
    The fund retains 98.93% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.