Sanlam World (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BPYD7S67 -- Ireland Fund  

    USD 2.31  0.04  1.70%

    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.
    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
     2.31 30 days 2.31  ABOUT 18.39%
    Based on normal probability distribution, the odds of Sanlam World to move above current price in 30 days from now is about 18.39% (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 0.0712 . 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 an alpha of 0.0355 implying that it can potentially generate 0.0355% excess return over DOW after adjusting for the inherited market risk (beta).
     Sanlam World Price Density 
          Price 
    α
    Alpha over DOW
    =0.03552
    β
    Beta against DOW=0.07
    σ
    Overall volatility
    =1.25
    Ir
    Information ratio =0.36

    Sanlam World Alerts

    Sanlam World Alerts and Suggestions

    Sanlam World Equity is not yet fully synchronised with the market data
    Sanlam World Equity generates negative expected return over the last 30 days
    Sanlam World Equity has high historical volatility and very poor performance
    The fund retains 98.1% of its assets under management (AUM) in equities

    Price Density Drivers

    Sanlam World Health Indicators

    Please also check Risk vs Return Analysis. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
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