Polar Capital (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BWX5D402 -- Ireland Fund  

    GBp 963.00  24.00  2.43%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     963.00 30 days 963.00  ABOUT 12.29%
    Based on normal probability distribution, the odds of Polar Capital to move above current price in 30 days from now is about 12.29% (This Polar Capital European Ex UK I probability density function shows the probability of Polar Capital Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Polar Capital European Ex UK I has beta of -0.1797 . This indicates as returns on benchmark increase, returns on holding Polar Capital are expected to decrease at a much smaller rate. During bear market, however, Polar Capital European Ex UK I is likely to outperform the market. Additionally The company has an alpha of 0.0261 implying that it can potentially generate 0.0261% excess return over DOW after adjusting for the inherited market risk (beta).
     Polar Capital Price Density 
          Price 
    α
    Alpha over DOW
    =0.02614
    β
    Beta against DOW=0.18
    σ
    Overall volatility
    =504.75
    Ir
    Information ratio =0.15

    Polar Capital Alerts

    Polar Capital Alerts and Suggestions

    Polar Capital is not yet fully synchronised with the market data
    Polar Capital generates negative expected return over the last 30 days
    The fund retains 99.83% of its assets under management (AUM) in equities

    Price Density Drivers

    Polar Capital Health Indicators

    Please also check Risk vs Return Analysis. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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