Value Partners (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BSM8VQ00 -- Ireland Fund  

    HKD 11.81  0.02  0.17%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11.81 30 days 11.81  ABOUT 33.95%
    Based on normal probability distribution, the odds of Value Partners to move above current price in 30 days from now is about 33.95% (This Value Partners Health Care A HKD Acc probability density function shows the probability of Value Partners Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Value Partners Health Care A HKD Acc has beta of -1.0146 . This indicates Additionally Value Partners Health Care A HKD Acc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Value Partners Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.43
    β
    Beta against DOW=1.01
    σ
    Overall volatility
    =5.47
    Ir
    Information ratio =0.02

    Value Partners Alerts

    Value Partners Alerts and Suggestions

    Value Partners is not yet fully synchronised with the market data
    Value Partners generates negative expected return over the last 30 days
    Please also check Risk vs Return Analysis. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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