IE00B6WG9T96 IR (Ireland) Probability of Target Price Finishing Over

    IE00B6WG9T96 -- Ireland Fund  

    GBp 994.00  44.00  4.24%

    IE00B6WG9T96 IR probability of target price tool provides mechanism to make assumptions about upside and downside potential of IE00B6WG9T96 IR performance during a given time horizon utilizing its historical volatility. Please specify IE00B6WG9T96 IR time horizon, a valid symbol (red box) and a target price (blue box) you would like IE00B6WG9T96 IR odds to be computed. Please also check Risk vs Return Analysis.
     Time Horizon     30 Days    Login   to change
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    IE00B6WG9T96 IR Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     994.00 30 days 994.00  ABOUT 28.54%
    Based on normal probability distribution, the odds of IE00B6WG9T96 IR to move above current price in 30 days from now is about 28.54% (This IE00B6WG9T96 IR probability density function shows the probability of IE00B6WG9T96 IR Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, IE00B6WG9T96 IR has beta of 0.0282 . This indicates as returns on market go up, IE00B6WG9T96 IR average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IE00B6WG9T96 IR will be expected to be much smaller as well. Additionally IE00B6WG9T96 IR has an alpha of 0.0515 implying that it can potentially generate 0.0515% excess return over DOW after adjusting for the inherited market risk (beta).
     IE00B6WG9T96 IR Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.05
    β
    Beta against DOW=0.0282
    σ
    Overall volatility
    =534.99
    Ir
    Information ratio =0.33

    IE00B6WG9T96 IR Alerts

    IE00B6WG9T96 IR Alerts and Suggestions
    IE00B6WG9T96 IR generates negative expected return over the last 30 days
    The fund retains about 33.19% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.