IE00B45KP075 (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B45KP075 -- Ireland Fund  

    EUR 12.92  0.02  0.15%

    IE00B45KP075 probability of target price tool provides mechanism to make assumptions about upside and downside potential of IE00B45KP075 IR performance during a given time horizon utilizing its historical volatility. Please specify IE00B45KP075 time horizon, a valid symbol (red box) and a target price (blue box) you would like IE00B45KP075 odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    IE00B45KP075 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.92 30 days 12.92  UNDER 4%
    Based on normal probability distribution, the odds of IE00B45KP075 to move above current price in 30 days from now is under 4% (This IE00B45KP075 IR probability density function shows the probability of IE00B45KP075 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, IE00B45KP075 IR has beta of -0.0551 . This indicates as returns on benchmark increase, returns on holding IE00B45KP075 are expected to decrease at a much smaller rate. During bear market, however, IE00B45KP075 IR is likely to outperform the market. Additionally IE00B45KP075 IR has an alpha of 0.0794 implying that it can potentially generate 0.0794% excess return over DOW after adjusting for the inherited market risk (beta).
     IE00B45KP075 Price Density 
          Price 
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =5.64
    Ir
    Information ratio =0.2

    IE00B45KP075 Alerts

    IE00B45KP075 Alerts and Suggestions

    IE00B45KP075 IR is not yet fully synchronised with the market data
    The fund retains 97.72% of its assets under management (AUM) in equities

    Price Density Drivers

    IE00B45KP075 Health Indicators

    Please also check Risk vs Return Analysis. Please also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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