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 27.13%
    Based on normal probability distribution, the odds of Sanlam BIFM to move above current price in 30 days from now is about 27.13% (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 -0.0101 . This indicates as returns on benchmark increase, returns on holding Sanlam BIFM are expected to decrease at a much smaller rate. During bear market, however, Sanlam BIFM World Equity A USD Acc is likely to outperform the market. Additionally Sanlam BIFM World Equity A USD Acc has an alpha of 0.0513 implying that it can potentially generate 0.0513% excess return over DOW after adjusting for the inherited market risk (beta).
     Sanlam BIFM Price Density 
          Price 
    α
    Alpha over DOW
    =0.05
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =0.58
    Ir
    Information ratio =0.09

    Sanlam BIFM Alerts

    Sanlam BIFM Alerts and Suggestions

    Sanlam BIFM World is not yet fully synchronised with the market data
    Sanlam BIFM World may become a speculative penny stock
    The fund retains 98.46% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.
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