Guinness Global (Ireland) Probability of Target Price Finishing Over

    IE00BVYPNX17 -- Ireland Fund  

    USD 12.70  0.02  0.16%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12.70 30 days 12.70  ABOUT 24.54%
    Based on normal probability distribution, the odds of Guinness Global to move above current price in 30 days from now is about 24.54% (This Guinness Global Equity Income Y USD Acc probability density function shows the probability of Guinness Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Guinness Global has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Guinness Global are completely uncorrelated. Additionally Guinness Global Equity Income Y USD AccIt does not look like Guinness Global alpha can have any bearing on the equity current valuation.
     Guinness Global Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =6.41
    Ir
    Information ratio =0.00

    Guinness Global Alerts

    Guinness Global Alerts and Suggestions
    The fund retains 97.82% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. drill down to check world indexes.
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