Spinnaker Emerg (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BXQ9NT15 -- Ireland Fund  

    GBp 10,034  0.00  0.00%

    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.
    Horizon     30 Days    Login   to change
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    Spinnaker Emerg Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10,034 30 days 10,034  ABOUT 9.79%
    Based on normal probability distribution, the odds of Spinnaker Emerg to move above current price in 30 days from now is about 9.79% (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 -794.0162 . 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 567.5227 implying that it can potentially generate 567.5227% excess return over DOW after adjusting for the inherited market risk (beta).
     Spinnaker Emerg Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =567.52
    β
    Beta against DOW=794.02
    σ
    Overall volatility
    =4,898
    Ir
    Information ratio =0.21

    Spinnaker Emerg Alerts

    Spinnaker Emerg Alerts and Suggestions

    Spinnaker Emerg Mkts generates negative expected return over the last 30 days

    Price Density Drivers

    Spinnaker Emerg Health Indicators

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