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

    IE00BRYG9J40 -- Ireland Fund  

    EUR 10.28  0.06  0.59%

    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
    Symbol:
    Refresh Odds

    Northern Trust Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10.28 30 days 10.28  ABOUT 22.21%
    Based on normal probability distribution, the odds of Northern Trust to move above current price in 30 days from now is about 22.21% (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 -0.2902 . This indicates as returns on benchmark increase, returns on holding Northern Trust are expected to decrease at a much smaller rate. During bear market, however, Northern Trust Euro Fundamental Idx A is likely to outperform the market. 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0029
    β
    Beta against DOW=0.29
    σ
    Overall volatility
    =5.33
    Ir
    Information ratio =0.17

    Northern Trust Alerts

    Northern Trust Alerts and Suggestions

    The fund retains 98.33% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.
    Search macroaxis.com