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

    IE00B8138T89 -- Ireland Fund  

    EUR 10.48  0.00  0.00%

    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
     10.48 30 days 10.48  UNDER 4%
    Based on normal probability distribution, the odds of BlackRock Euro to move above current price in 30 days from now is under 4% (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 Credit Enh Idx has beta of -0.0988 . This indicates as returns on benchmark increase, returns on holding BlackRock Euro are expected to decrease at a much smaller rate. During bear market, however, BlackRock Euro Credit Enh Idx 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. BlackRock Euro Credit is significantly underperforming DOW.
     BlackRock Euro Price Density 
          Price 
    α
    Alpha over DOW
    =0.0072
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =4.49
    Ir
    Information ratio =0.06

    BlackRock Euro Alerts and Suggestions

    BlackRock Euro is not yet fully synchronised with the market data
    The fund retains about 92.61% of its assets under management (AUM) in fixed income securities

    BlackRock EuroPrice Density Drivers

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