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

    IE00BFPMK726 -- Ireland Fund  

    USD 1.19  0.02  1.65%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.19 30 days 1.19  ABOUT 19.93%
    Based on normal probability distribution, the odds of Sanlam BIFM to move above current price in 30 days from now is about 19.93% (This Sanlam BIFM World Equity A USD Acc probability density function shows the probability of Sanlam BIFM Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Sanlam BIFM World Equity A USD Acc has beta of -0.8995 . This indicates Additionally Sanlam BIFM World Equity A USD Acc has an alpha of 0.1491 implying that it can potentially generate 0.1491% excess return over DOW after adjusting for the inherited market risk (beta).
     Sanlam BIFM Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.15
    β
    Beta against DOW=0.9
    σ
    Overall volatility
    =0.63
    Ir
    Information ratio =0.02

    Sanlam BIFM Alerts

    Sanlam BIFM Alerts and Suggestions

    Sanlam BIFM World may become a speculative penny stock
    The fund retains 98.46% of its assets under management (AUM) in equities
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