Perkins Global (Ireland) Probability of Target Price Finishing Over

    IE00B4QQ9Z78 -- Ireland Fund  

    EUR 15.27  0.20  1.29%

    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.
     Time 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
     15.27 30 days 15.27  ABOUT 11.35%
    Based on normal probability distribution, the odds of Perkins Global to move above current price in 30 days from now is about 11.35% (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 -0.2514 . 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 Perkins Global Value A EUR Acc Hedged has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Perkins Global Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.04
    β
    Beta against DOW=0.25
    σ
    Overall volatility
    =7.55
    Ir
    Information ratio =0.28

    Perkins Global Alerts

    Perkins Global Alerts and Suggestions
    Perkins Global Value generates negative expected return over the last 30 days
    The fund retains about 8.54% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.