Northern Trust (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BRYG9J40 -- Ireland Fund  

    EUR 8.79  0.22  2.44%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     8.79 30 days 8.79  ABOUT 47.06%
    Based on normal probability distribution, the odds of Northern Trust to move above current price in 30 days from now is about 47.06% (This Northern Trust Euro Fundamental Idx A probability density function shows the probability of Northern Trust Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Northern Trust Euro Fundamental Idx A has beta of -1.5558 . This indicates as returns on its benchmark rise, returns on holding Northern Trust Euro Fundamental Idx A are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Northern Trust is expected to outperform its benchmark. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Northern Trust Euro is significantly underperforming DOW.
     Northern Trust Price Density 
          Price 
    α
    Alpha over DOW
    =0.65
    β
    Beta against DOW=1.56
    σ
    Overall volatility
    =3.93
    Ir
    Information ratio =0.36

    Northern Trust Alerts

    Northern Trust Alerts and Suggestions

    Northern Trust Euro is not yet fully synchronised with the market data
    Northern Trust Euro generates negative expected return over the last 30 days
    The fund retains 98.33% of its assets under management (AUM) in equities

    Price Density Drivers

    Northern Trust Health Indicators

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