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

    IE00B5VJPM77 -- Ireland Fund  

    EUR 204.84  2.52  1.22%

    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
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    E I Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     204.84 30 days 204.84  ABOUT 45.68%
    Based on normal probability distribution, the odds of E I to move above current price in 30 days from now is about 45.68% (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 -0.1312 . 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. E I Sturdza is significantly underperforming DOW.
     E I Price Density 
          Price 
    α
    Alpha over DOW
    =0.06
    β
    Beta against DOW=0.13
    σ
    Overall volatility
    =61.87
    Ir
    Information ratio =0.08

    E I Alerts

    E I Alerts and Suggestions

    E I Sturdza is not yet fully synchronised with the market data
    E I Sturdza generates negative expected return over the last 30 days
    The fund retains about 7.0% of its assets under management (AUM) in cash

    Price Density Drivers

    E I Health Indicators

    Please also check Risk vs Return Analysis. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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