Sanlam FOUR (Ireland) Probability of Target Price Finishing Over

    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.
     Time Horizon     30 Days    Login   to change
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    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  NEAR 1%
    Based on normal probability distribution, the odds of Sanlam FOUR to move above current price in 30 days from now is near 1% (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 -225.5044 . This indicates as returns on its benchmark rise, returns on holding Sanlam FOUR UK Income Opps Fndr Dis GBP are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Sanlam FOUR is expected to outperform its benchmark. In addition to that Sanlam FOUR UK Income Opps Fndr Dis GBP has an alpha of 523.7762 implying that it can potentially generate 523.7762% excess return over DOW after adjusting for the inherited market risk (beta).
     Sanlam FOUR Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =523.78
    β
    Beta against DOW=225.5
    σ
    Overall volatility
    =322.72
    Ir
    Information ratio =0.21

    Sanlam FOUR Alerts

    Sanlam FOUR Alerts and Suggestions
    Sanlam FOUR UK generates negative expected return over the last 30 days
    Please also check Risk vs Return Analysis. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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