III UCITS (Ireland) Probability of Target Price Finishing Over

    IE00B87F4K15 -- Ireland Fund  

    GBp 102,674  3,607  3.39%

    III UCITS probability of target price tool provides mechanism to make assumptions about upside and downside potential of III UCITS Credit Opportunities C2 performance during a given time horizon utilizing its historical volatility. Please specify III UCITS time horizon, a valid symbol (red box) and a target price (blue box) you would like III UCITS odds to be computed. Please also check Risk vs Return Analysis.
     Time Horizon     30 Days    Login   to change
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    III UCITS Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     102,674 30 days 102,674  MORE THAN 93.0%
    Based on normal probability distribution, the odds of III UCITS to move above current price in 30 days from now is more than 93.0% (This III UCITS Credit Opportunities C2 probability density function shows the probability of III UCITS Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, III UCITS has beta of 0.2604 . This indicates as returns on market go up, III UCITS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding III UCITS Credit Opportunities C2 will be expected to be much smaller as well. Additionally III UCITS Credit Opportunities C2 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     III UCITS Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.26
    σ
    Overall volatility
    =1,804
    Ir
    Information ratio =0.04

    III UCITS Alerts

    III UCITS Alerts and Suggestions
    III UCITS Credit generates negative expected return over the last 30 days
    Please also check Risk vs Return Analysis. Please also try CEO Directory module to screen ceos from public companies around the world.