ANIMA Star (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BJBQBQ20 -- Ireland Fund  

    EUR 5.43  0.01  0.18%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     5.43 30 days 5.43  ABOUT 7.68%
    Based on normal probability distribution, the odds of ANIMA Star to move above current price in 30 days from now is about 7.68% (This ANIMA Star High Potential Global I EUR probability density function shows the probability of ANIMA Star Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, ANIMA Star High Potential Global I EUR has beta of -0.1741 . This indicates as returns on benchmark increase, returns on holding ANIMA Star are expected to decrease at a much smaller rate. During bear market, however, ANIMA Star High Potential Global I EUR is likely to outperform the market. Additionally ANIMA Star High Potential Global I EUR has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     ANIMA Star Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.17
    σ
    Overall volatility
    =2.59
    Ir
    Information ratio =0.88

    ANIMA Star Alerts

    ANIMA Star Alerts and Suggestions

    The fund retains about 70.13% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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