Sanlam World (Ireland) Probability of Target Price Finishing Over

    IE00BPYD7S67 -- Ireland Fund  

    USD 2.48  0.01  0.40%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     2.48 30 days 2.48  NEAR 1%
    Based on normal probability distribution, the odds of Sanlam World to move above current price in 30 days from now is near 1% (This Sanlam World Equity Tracker E probability density function shows the probability of Sanlam World Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Sanlam World has beta of 0.0085 . This indicates as returns on market go up, Sanlam World average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Sanlam World Equity Tracker E will be expected to be much smaller as well. Additionally Sanlam World Equity Tracker E has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Sanlam World Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.0085
    σ
    Overall volatility
    =0.73
    Ir
    Information ratio =1.49

    Sanlam World Alerts

    Sanlam World Alerts and Suggestions
    The fund retains 98.1% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.