Cheyne European (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B6ZNZN32 -- Ireland Fund  

    USD 103.22  0.00  0.00%

    Cheyne European probability of target price tool provides mechanism to make assumptions about upside and downside potential of Cheyne European Real Estate Bd HGRE D2 performance during a given time horizon utilizing its historical volatility. Please specify Cheyne European time horizon, a valid symbol (red box) and a target price (blue box) you would like Cheyne European odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
    Symbol:
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    Cheyne European Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     103.22 30 days 103.22  NEAR 1%
    Based on normal probability distribution, the odds of Cheyne European to move above current price in 30 days from now is near 1% (This Cheyne European Real Estate Bd HGRE D2 probability density function shows the probability of Cheyne European Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Cheyne European has beta of 0.0 . This indicates the returns on DOW and Cheyne European appear completely uncorrelated. Additionally Cheyne European Real Estate Bd HGRE D2It does not look like Cheyne European alpha can have any bearing on the equity current valuation.
     Cheyne European Price Density 
          Price 
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =21.75
    Ir
    Information ratio =0.00

    Cheyne European Alerts

    Cheyne European Alerts and Suggestions

    Cheyne European Real is not yet fully synchronised with the market data
    Cheyne European Real generates negative expected return over the last 30 days
    Please also check Risk vs Return Analysis. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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