E I (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B5VJPM77 -- Ireland Fund  

    EUR 228.06  0.12  0.05%

    E I probability of target price tool provides mechanism to make assumptions about upside and downside potential of E I Sturdza Strgc Eurp Value EUR performance during a given time horizon utilizing its historical volatility. Please specify E I time horizon, a valid symbol (red box) and a target price (blue box) you would like E I odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    E I Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     228.06 30 days 228.06  ABOUT 18.16%
    Based on normal probability distribution, the odds of E I to move above current price in 30 days from now is about 18.16% (This E I Sturdza Strgc Eurp Value EUR probability density function shows the probability of E I Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, E I Sturdza Strgc Eurp Value EUR has beta of -0.0683 . This indicates as returns on benchmark increase, returns on holding E I are expected to decrease at a much smaller rate. During bear market, however, E I Sturdza Strgc Eurp Value EUR is likely to outperform the market. Additionally E I Sturdza Strgc Eurp Value EUR has an alpha of 0.1834 implying that it can potentially generate 0.1834% excess return over DOW after adjusting for the inherited market risk (beta).
     E I Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.18
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =116.17
    Ir
    Information ratio =0.15

    E I Alerts

    E I Alerts and Suggestions

    The fund retains 99.93% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.
    Search macroaxis.com