Colchester Lcl (Ireland) Probability of Target Price Finishing Over

    IE00BQZJ2B89 -- Ireland Fund  

    USD 11.65  0.09  0.78%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.65 30 days 11.65  ABOUT 27.26%
    Based on normal probability distribution, the odds of Colchester Lcl to move above current price in 30 days from now is about 27.26% (This Colchester Lcl Mkts Rl Ret Bd B USDH Acc probability density function shows the probability of Colchester Lcl Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Colchester Lcl Mkts Rl Ret Bd B USDH Acc has beta of -0.1063 . This indicates as returns on benchmark increase, returns on holding Colchester Lcl are expected to decrease at a much smaller rate. During bear market, however, Colchester Lcl Mkts Rl Ret Bd B USDH Acc is likely to outperform the market. Additionally Colchester Lcl Mkts Rl Ret Bd B USDH Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Colchester Lcl Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.09
    β
    Beta against DOW=0.11
    σ
    Overall volatility
    =5.30
    Ir
    Information ratio =0.81

    Colchester Lcl Alerts

    Colchester Lcl Alerts and Suggestions
    The fund generated three year return of -1.0%
    Colchester Lcl Mkts Rl Ret Bd B USDH Acc retains about 32.84% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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