Babson Capital (Ireland) Probability of Target Price Finishing Over Current Price

IE00B6YX4Q04 -- Ireland Fund  

USD 98.31  0.000002  0.00%

Babson Capital probability of target price tool provides mechanism to make assumptions about upside and downside potential of Babson Capital European Loan A USD performance during a given time horizon utilizing its historical volatility. Please specify Babson Capital time horizon, a valid symbol (red box) and a target price (blue box) you would like Babson Capital odds to be computed. Please also check Babson Capital Backtesting, Portfolio Optimization, Babson Capital Correlation, Babson Capital Hype Analysis, Babson Capital Volatility, Babson Capital History as well as Babson Capital Performance.
Horizon     30 Days    Login   to change
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Babson Capital Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 98.31 30 days 98.31  ABOUT 6.16%
Based on normal probability distribution, the odds of Babson Capital to move above current price in 30 days from now is about 6.16% (This Babson Capital European Loan A USD probability density function shows the probability of Babson Capital Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Babson Capital European Loan A USD has beta of -0.0062 . This indicates as returns on benchmark increase, returns on holding Babson Capital are expected to decrease at a much smaller rate. During bear market, however, Babson Capital European Loan A USD is likely to outperform the market. Additionally Babson Capital European Loan A USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW.
 Babson Capital Price Density 
      Price 
α
Alpha over DOW
=0.05
β
Beta against DOW=0.0062
σ
Overall volatility
=45.79
Ir
Information ratio =0.16

Babson Capital Alerts

Babson Capital Alerts and Suggestions

Babson Capital generates negative expected return over the last 30 days
On January 2, 2019 Babson Capital paid $ 1.7223 per share dividend to its current shareholders

Price Density Drivers

Babson Capital Health Indicators

Please also check Babson Capital Backtesting, Portfolio Optimization, Babson Capital Correlation, Babson Capital Hype Analysis, Babson Capital Volatility, Babson Capital History as well as Babson Capital Performance. Please also try Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.
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