Nedgroup Inv (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B9CBCV86 -- Ireland Fund  

    USD 10.78  0.06  0.55%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.78 30 days 10.78  ABOUT 25.94%
    Based on normal probability distribution, the odds of Nedgroup Inv to move above current price in 30 days from now is about 25.94% (This Nedgroup Inv MultiFunds Balanced C USD probability density function shows the probability of Nedgroup Inv Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Nedgroup Inv MultiFunds Balanced C USD has beta of -0.0394 . This indicates as returns on benchmark increase, returns on holding Nedgroup Inv are expected to decrease at a much smaller rate. During bear market, however, Nedgroup Inv MultiFunds Balanced C USD is likely to outperform the market. Additionally Nedgroup Inv MultiFunds Balanced C USD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Nedgroup Inv Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0042
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =5.19
    Ir
    Information ratio =1.20

    Nedgroup Inv Alerts

    Nedgroup Inv Alerts and Suggestions

    Nedgroup Inv is not yet fully synchronised with the market data
    The fund retains about 54.22% of its assets under management (AUM) in cash

    Price Density Drivers

    Nedgroup Inv Health Indicators

    Please also check Risk vs Return Analysis. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
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