Sanlam North (Ireland) Probability of Target Price Finishing Over Current Price

    IE00B9XQQD23 -- Ireland Fund  

    USD 1.81  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.81 30 days 1.81  ABOUT 20.62%
    Based on normal probability distribution, the odds of Sanlam North to move above current price in 30 days from now is about 20.62% (This Sanlam North America Eq Tracker E USDAcc probability density function shows the probability of Sanlam North Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Sanlam North America Eq Tracker E USDAcc has beta of -0.3478 . This indicates as returns on benchmark increase, returns on holding Sanlam North are expected to decrease at a much smaller rate. During bear market, however, Sanlam North America Eq Tracker E USDAcc is likely to outperform the market. Additionally Sanlam North America Eq Tracker E USDAcc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Sanlam North Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.09
    β
    Beta against DOW=0.35
    σ
    Overall volatility
    =0.83
    Ir
    Information ratio =0.05

    Sanlam North Alerts

    Sanlam North Alerts and Suggestions

    Sanlam North America is not yet fully synchronised with the market data
    Sanlam North America generates negative expected return over the last 30 days
    Sanlam North America may become a speculative penny stock
    The fund retains about 15.11% of its assets under management (AUM) in cash

    Price Density Drivers

    Sanlam North Health Indicators

    Please also check Risk vs Return Analysis. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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