IE00BTFRDZ46 IR (Ireland) Probability of Target Price Finishing Over

    IE00BTFRDZ46 -- Ireland Fund  

    EUR 99.98  0.00  0.00%

    IE00BTFRDZ46 IR 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 IR time horizon, a valid symbol (red box) and a target price (blue box) you would like IE00BTFRDZ46 IR odds to be computed. Please also check Risk vs Return Analysis.
     Time Horizon     30 Days    Login   to change
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    IE00BTFRDZ46 IR Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     99.98 30 days 99.98  ABOUT 12.67%
    Based on normal probability distribution, the odds of IE00BTFRDZ46 IR to move above current price in 30 days from now is about 12.67% (This IE00BTFRDZ46 IR probability density function shows the probability of IE00BTFRDZ46 IR Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, IE00BTFRDZ46 IR has beta of 0.0168 . This indicates as returns on market go up, IE00BTFRDZ46 IR average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IE00BTFRDZ46 IR will be expected to be much smaller as well. 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 IR Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.04
    β
    Beta against DOW=0.0168
    σ
    Overall volatility
    =51.14
    Ir
    Information ratio =0.97

    IE00BTFRDZ46 IR Alerts

    IE00BTFRDZ46 IR Alerts and Suggestions
    The fund retains about 91.5% of its assets under management (AUM) in fixed income securities
    Please also check Risk vs Return Analysis. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.