Sanlam FOUR (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BYV2N697 -- Ireland Fund  

    GBp 927.00  2.00  0.22%

    Sanlam FOUR probability of target price tool provides mechanism to make assumptions about upside and downside potential of Sanlam FOUR UK Income Opps Fndr Dis GBP performance during a given time horizon utilizing its historical volatility. Please specify Sanlam FOUR time horizon, a valid symbol (red box) and a target price (blue box) you would like Sanlam FOUR odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    Sanlam FOUR Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     927.00 30 days 927.00  ABOUT 27.94%
    Based on normal probability distribution, the odds of Sanlam FOUR to move above current price in 30 days from now is about 27.94% (This Sanlam FOUR UK Income Opps Fndr Dis GBP probability density function shows the probability of Sanlam FOUR Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Sanlam FOUR UK Income Opps Fndr Dis GBP has beta of -0.0042 . This indicates as returns on benchmark increase, returns on holding Sanlam FOUR are expected to decrease at a much smaller rate. During bear market, however, Sanlam FOUR UK Income Opps Fndr Dis GBP is likely to outperform the market. Additionally Sanlam FOUR UK Income Opps Fndr Dis GBP has an alpha of 0.004 implying that it can potentially generate 0.004% excess return over DOW after adjusting for the inherited market risk (beta).
     Sanlam FOUR Price Density 
          Price 
    α
    Alpha over DOW
    =0.004011
    β
    Beta against DOW=0.0042
    σ
    Overall volatility
    =423.91
    Ir
    Information ratio =0.81

    Sanlam FOUR Alerts

    Sanlam FOUR Alerts and Suggestions

    Sanlam FOUR UK is not yet fully synchronised with the market data

    Price Density Drivers

    Sanlam FOUR Health Indicators

    Please also check Risk vs Return Analysis. Please also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
    Search macroaxis.com