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

    IE00BPT33S32 -- Ireland Fund  

    USD 105.84  2.26  2.18%

    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
     105.84 30 days 105.84  ABOUT 17.47%
    Based on normal probability distribution, the odds of Heptagon European to move above current price in 30 days from now is about 17.47% (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 Focus Equity B EUR Acc has beta of -0.0638 . This indicates as returns on benchmark increase, returns on holding Heptagon European are expected to decrease at a much smaller rate. During bear market, however, Heptagon European Focus Equity B EUR Acc is likely to outperform the market. 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0062
    β
    Beta against DOW=0.06
    σ
    Overall volatility
    =57.91
    Ir
    Information ratio =0.35

    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
    The fund retains 99.45% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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