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 28.32%
    Based on normal probability distribution, the odds of IE00BHZKHW42 to move above current price in 30 days from now is about 28.32% (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 0.1794 . This indicates as returns on market go up, IE00BHZKHW42 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IE00BHZKHW42 will be expected to be much smaller as well. Additionally IE00BHZKHW42 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     IE00BHZKHW42 Price Density 
          Price 
    α
    Alpha over DOW
    =0.05
    β
    Beta against DOW=0.18
    σ
    Overall volatility
    =4.00
    Ir
    Information ratio =0.016349

    IE00BHZKHW42 Alerts

    IE00BHZKHW42 Alerts and Suggestions

    IE00BHZKHW42 is not yet fully synchronised with the market data
    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

    Price Density Drivers

    IE00BHZKHW42 Health Indicators

    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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