Milltrust India (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B9601C50 -- Ireland Fund  

    USD 170.38  0.89  0.53%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     170.38 30 days 170.38  ABOUT 21.56%
    Based on normal probability distribution, the odds of Milltrust India to move above current price in 30 days from now is about 21.56% (This Milltrust India A USD Acc probability density function shows the probability of Milltrust India Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, the fund has beta coefficient of 1.0927 . This indicates Milltrust India A USD Acc market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Milltrust India is expected to follow. Additionally Milltrust India A USD Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Milltrust India Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=1.09
    Overall volatility
    Information ratio =0.04

    Milltrust India Alerts

    Milltrust India Alerts and Suggestions

    The fund retains all of the assets under management (AUM) in different types of exotic instruments
    Please also check Risk vs Return Analysis. Please also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.