IE00BHZKHW42 (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BHZKHW42 -- Ireland Fund  

    USD 8.71  0.08  0.91%

    IE00BHZKHW42 probability of target price tool provides mechanism to make assumptions about upside and downside potential of IE00BHZKHW42 performance during a given time horizon utilizing its historical volatility. Please specify IE00BHZKHW42 time horizon, a valid symbol (red box) and a target price (blue box) you would like IE00BHZKHW42 odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    IE00BHZKHW42 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     8.71 30 days 8.71  ABOUT 23.87%
    Based on normal probability distribution, the odds of IE00BHZKHW42 to move above current price in 30 days from now is about 23.87% (This IE00BHZKHW42 probability density function shows the probability of IE00BHZKHW42 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, IE00BHZKHW42 has beta of -0.1141 . This indicates as returns on benchmark increase, returns on holding IE00BHZKHW42 are expected to decrease at a much smaller rate. During bear market, however, IE00BHZKHW42 is likely to outperform the market. Additionally IE00BHZKHW42 has an alpha of 0.0021 implying that it can potentially generate 0.0021% excess return over DOW after adjusting for the inherited market risk (beta).
     IE00BHZKHW42 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.002058
    β
    Beta against DOW=0.11
    σ
    Overall volatility
    =4.42
    Ir
    Information ratio =0.17

    IE00BHZKHW42 Alerts

    IE00BHZKHW42 Alerts and Suggestions

    IE00BHZKHW42 has annual holdings turnover of about 381.0% suggesting active trading
    This fund retains 97.5% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Crypto Portfolio Optimizer module to optimize portfolio of digital coins and token across multiple currency and exchanges.
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