Polar Capital (Ireland) Probability of Target Price Finishing Over

    IE00B8BJYW18 -- Ireland Fund  

    GBp 181.00  18.00  9.05%

    Polar Capital probability of target price tool provides mechanism to make assumptions about upside and downside potential of Polar Capital Japan Alpha C GBP performance during a given time horizon utilizing its historical volatility. Please specify Polar Capital time horizon, a valid symbol (red box) and a target price (blue box) you would like Polar Capital odds to be computed. Please also check Risk vs Return Analysis.
     Time Horizon     30 Days    Login   to change
    Refresh Odds

    Polar Capital Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     181.00 30 days 181.00  ABOUT 26.12%
    Based on normal probability distribution, the odds of Polar Capital to move above current price in 30 days from now is about 26.12% (This Polar Capital Japan Alpha C GBP probability density function shows the probability of Polar Capital Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Polar Capital has beta of 0.0047 . This indicates as returns on market go up, Polar Capital average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Polar Capital Japan Alpha C GBP will be expected to be much smaller as well. Additionally Polar Capital Japan Alpha C GBP has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Polar Capital Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.36
    β
    Beta against DOW=0.0047
    σ
    Overall volatility
    =100.50
    Ir
    Information ratio =0.3

    Polar Capital Alerts

    Polar Capital Alerts and Suggestions
    Polar Capital Japan generates negative expected return over the last 30 days
    The fund retains all of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Fund Screener module to find activelly-traded funds from around the world traded on over 30 global exchanges.