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

    IE00BRYG9J40 -- Ireland Fund  

    EUR 9.90  0.00  0.00%

    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
     9.90 30 days 9.90  ABOUT 34.22%
    Based on normal probability distribution, the odds of Northern Trust to move above current price in 30 days from now is about 34.22% (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 has beta of 0.0157 . This indicates as returns on market go up, Northern Trust average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Northern Trust Euro Fundamental Idx A will be expected to be much smaller as well. Additionally Northern Trust Euro Fundamental Idx A has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Northern Trust Price Density 
          Price 
    α
    Alpha over DOW
    =0.09
    β
    Beta against DOW=0.0157
    σ
    Overall volatility
    =4.40
    Ir
    Information ratio =0.08

    Northern Trust Alerts

    Northern Trust Alerts and Suggestions

    Northern Trust Euro is not yet fully synchronised with the market data
    The fund retains 98.33% of its assets under management (AUM) in equities

    Price Density Drivers

    Northern Trust Health Indicators

    Please also check Risk vs Return Analysis. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.
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