GlobalAccess Glbl (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B5M20L91 -- Ireland Fund  

    EUR 0.91  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.91 30 days 0.91  ABOUT 6.82%
    Based on normal probability distribution, the odds of GlobalAccess Glbl to move above current price in 30 days from now is about 6.82% (This GlobalAccess Glbl Govt Bd B Acc probability density function shows the probability of GlobalAccess Glbl Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, GlobalAccess Glbl has beta of 0.0255 . This indicates as returns on market go up, GlobalAccess Glbl average returns are expected to increase less than the benchmark. However during bear market, the loss on holding GlobalAccess Glbl Govt Bd B Acc will be expected to be much smaller as well. Additionally GlobalAccess Glbl Govt Bd B Acc has an alpha of 0.0593 implying that it can potentially generate 0.0593% excess return over DOW after adjusting for the inherited market risk (beta).
     GlobalAccess Glbl Price Density 
          Price 
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=0.0255
    σ
    Overall volatility
    =0.43
    Ir
    Information ratio =0.89

    GlobalAccess Glbl Alerts

    GlobalAccess Glbl Alerts and Suggestions

    GlobalAccess Glbl is not yet fully synchronised with the market data
    GlobalAccess Glbl has some characteristics of a very speculative penny stock
    The fund has annual holdings turnover of about 211.73% suggesting active trading
    GlobalAccess Glbl Govt Bd B Acc retains roughly 12.37% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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