R CFM (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BSPL3L55 -- Ireland Fund  

    EUR 104.83  0.05  0.0477%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     104.83 30 days 104.83  ABOUT 28.58%
    Based on normal probability distribution, the odds of R CFM to move above current price in 30 days from now is about 28.58% (This R CFM Diversified I EUR probability density function shows the probability of R CFM Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, R CFM has beta of 0.0019 . This indicates as returns on market go up, R CFM average returns are expected to increase less than the benchmark. However during bear market, the loss on holding R CFM Diversified I EUR will be expected to be much smaller as well. Additionally R CFM Diversified I EURIt does not look like R CFM alpha can have any bearing on the equity current valuation.
     R CFM Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.0019
    Overall volatility
    Information ratio =0.00

    Current Sentiment - IE00BSPL3L55

    R CFM Diversified Investor Sentiment

    Macroaxis portfolio users are indifferent in their judgment towards investing in R CFM Diversified I EUR. What is your perspective on investing in R CFM Diversified I EUR? Are you bullish or bearish?
    50% Bullish
    50% Bearish
    Please also check Risk vs Return Analysis. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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