Heptagon European (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BPT33S32 -- Ireland Fund  

    USD 99.91  2.50  2.44%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     99.91 30 days 99.91  ABOUT 37.37%
    Based on normal probability distribution, the odds of Heptagon European to move above current price in 30 days from now is about 37.37% (This Heptagon European Focus Equity B EUR Acc probability density function shows the probability of Heptagon European Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Heptagon European has beta of 0.0602 . This indicates as returns on market go up, Heptagon European average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Heptagon European Focus Equity B EUR Acc will be expected to be much smaller as well. Additionally Heptagon European Focus Equity B EUR Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Heptagon European Price Density 
          Price 
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =51.61
    Ir
    Information ratio =0.10

    Heptagon European Alerts

    Heptagon European Alerts and Suggestions

    Heptagon European is not yet fully synchronised with the market data
    Heptagon European generates negative expected return over the last 30 days
    Heptagon European has high historical volatility and very poor performance
    The fund retains 99.45% of its assets under management (AUM) in equities

    Price Density Drivers

    Heptagon European Health Indicators

    Please also check Risk vs Return Analysis. Please also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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