IE00BTFRDZ46 (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BTFRDZ46 -- Ireland Fund  

    EUR 99.80  0.24  0.24%

    IE00BTFRDZ46 probability of target price tool provides mechanism to make assumptions about upside and downside potential of IE00BTFRDZ46 IR performance during a given time horizon utilizing its historical volatility. Please specify IE00BTFRDZ46 time horizon, a valid symbol (red box) and a target price (blue box) you would like IE00BTFRDZ46 odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    IE00BTFRDZ46 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     99.80 30 days 99.80  ABOUT 10.41%
    Based on normal probability distribution, the odds of IE00BTFRDZ46 to move above current price in 30 days from now is about 10.41% (This IE00BTFRDZ46 IR probability density function shows the probability of IE00BTFRDZ46 Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, IE00BTFRDZ46 IR has beta of -0.013 . This indicates as returns on benchmark increase, returns on holding IE00BTFRDZ46 are expected to decrease at a much smaller rate. During bear market, however, IE00BTFRDZ46 IR is likely to outperform the market. Additionally IE00BTFRDZ46 IR has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     IE00BTFRDZ46 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =49.97
    Ir
    Information ratio =0.61

    IE00BTFRDZ46 Alerts

    IE00BTFRDZ46 Alerts and Suggestions

    IE00BTFRDZ46 IR is not yet fully synchronised with the market data
    The fund retains about 91.5% of its assets under management (AUM) in fixed income securities

    Price Density Drivers

    IE00BTFRDZ46 Health Indicators

    Please also check Risk vs Return Analysis. Please also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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