|Horizon||30 Days Login to change|
IE00B45KP075 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|11.85||30 days||11.85||ABOUT 28.12%|
Based on normal probability distribution, the odds of IE00B45KP075 to move above current price in 30 days from now is about 28.12% (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 has beta of 0.0235 . This indicates as returns on market go up, IE00B45KP075 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IE00B45KP075 IR will be expected to be much smaller as well. Additionally The company has an alpha of 0.03 implying that it can potentially generate 0.03% excess return over DOW after adjusting for the inherited market risk (beta).
IE00B45KP075 Price Density
|Alpha over DOW||=||0.029968|
|Beta against DOW||=||0.0235|