BlackRock Euro (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B8138T89 -- Ireland Fund  

    EUR 10.46  0.01  0.1%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.46 30 days 10.46  NEARLY 4.6%
    Based on normal probability distribution, the odds of BlackRock Euro to move above current price in 30 days from now is nearly 4.6% (This BlackRock Euro Credit Enh Idx probability density function shows the probability of BlackRock Euro Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BlackRock Euro has beta of 0.032 . This indicates as returns on market go up, BlackRock Euro average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BlackRock Euro Credit Enh Idx will be expected to be much smaller as well. Additionally BlackRock Euro Credit Enh Idx has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     BlackRock Euro Price Density 
          Price 
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.032
    σ
    Overall volatility
    =4.64
    Ir
    Information ratio =0.13

    BlackRock Euro Alerts

    BlackRock Euro Alerts and Suggestions

    BlackRock Euro is not yet fully synchronised with the market data
    BlackRock Euro generates negative expected return over the last 30 days
    The fund retains about 92.61% of its assets under management (AUM) in fixed income securities

    Price Density Drivers

    BlackRock Euro Health Indicators

    Please also check Risk vs Return Analysis. Please also try Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.
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