Spinnaker Emerg (Ireland) Probability of Target Price Finishing Over

    IE00BXQ9NT15 -- Ireland Fund  

    GBp 10,006  3.00  0.03%

    Spinnaker Emerg probability of target price tool provides mechanism to make assumptions about upside and downside potential of Spinnaker Emerg Mkts Macro S1 GBP performance during a given time horizon utilizing its historical volatility. Please specify Spinnaker Emerg time horizon, a valid symbol (red box) and a target price (blue box) you would like Spinnaker Emerg odds to be computed. Please also check Risk vs Return Analysis.
     Time Horizon     30 Days    Login   to change
    Refresh Odds

    Spinnaker Emerg Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10,006 30 days 10,006  NEAR 1%
    Based on normal probability distribution, the odds of Spinnaker Emerg to move above current price in 30 days from now is near 1% (This Spinnaker Emerg Mkts Macro S1 GBP probability density function shows the probability of Spinnaker Emerg Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Spinnaker Emerg Mkts Macro S1 GBP has beta of -179.8768 . This indicates as returns on its benchmark rise, returns on holding Spinnaker Emerg Mkts Macro S1 GBP are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Spinnaker Emerg is expected to outperform its benchmark. In addition to that Spinnaker Emerg Mkts Macro S1 GBP has an alpha of 472.78 implying that it can potentially generate 472.78% excess return over DOW after adjusting for the inherited market risk (beta).
     Spinnaker Emerg Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =472.78
    β
    Beta against DOW=179.88
    σ
    Overall volatility
    =2,914
    Ir
    Information ratio =0.21

    Spinnaker Emerg Alerts

    Spinnaker Emerg Alerts and Suggestions
    Spinnaker Emerg Mkts appears to be very risky and stock price may revert if volatility continues
    Please also check Risk vs Return Analysis. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.