|Current Price||Horizon||Target Price||Odds 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
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|Current Price || ||Target Price || |