Perkins Global (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B4QQ9Z78 -- Ireland Fund  

    EUR 14.91  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     14.91 30 days 14.91  ABOUT 24.56%
    Based on normal probability distribution, the odds of Perkins Global to move above current price in 30 days from now is about 24.56% (This Perkins Global Value A EUR Acc Hedged probability density function shows the probability of Perkins Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Perkins Global Value A EUR Acc Hedged has beta of -0.0834 . This indicates as returns on benchmark increase, returns on holding Perkins Global are expected to decrease at a much smaller rate. During bear market, however, Perkins Global Value A EUR Acc Hedged is likely to outperform the market. Additionally The company has an alpha of 0.0131 implying that it can potentially generate 0.0131% excess return over DOW after adjusting for the inherited market risk (beta).
     Perkins Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.013069
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =7.23
    Ir
    Information ratio =0.023718

    Perkins Global Alerts and Suggestions

    Perkins Global Value is not yet fully synchronised with the market data
    The fund retains about 8.54% of its assets under management (AUM) in cash

    Perkins GlobalPrice Density Drivers

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