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

    IE00B4QQ9Z78 -- Ireland Fund  

    EUR 15.25  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
     15.25 30 days 15.25  ABOUT 8.86%
    Based on normal probability distribution, the odds of Perkins Global to move above current price in 30 days from now is about 8.86% (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 -0.0721 . 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
    =0.11
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =7.30
    Ir
    Information ratio =0.09

    Perkins Global Alerts

    Perkins Global Alerts and Suggestions

    Perkins Global Value is not yet fully synchronised with the market data
    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

    Price Density Drivers

    Perkins Global Health Indicators

    Please also check Risk vs Return Analysis. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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