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 24.35%
    Based on normal probability distribution, the odds of Perkins Global to move above current price in 30 days from now is about 24.35% (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 -0.0176 . 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 an alpha of 0.0348 implying that it can potentially generate 0.0348% excess return over DOW after adjusting for the inherited market risk (beta).
     Perkins Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.034798
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =7.21
    Ir
    Information ratio =0.21

    Perkins Global Alerts

    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

    Price Density Drivers

    Perkins Global Health Indicators

    Please also check Risk vs Return Analysis. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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