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
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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  ABOUT 23.56%
    Based on normal probability distribution, the odds of Sanlam FOUR to move above current price in 30 days from now is about 23.56% (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 has beta of 0.0253 . This indicates as returns on market go up, Sanlam FOUR average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Sanlam FOUR UK Income Opps Fndr Dis GBP will be expected to be much smaller as well. Additionally Sanlam FOUR UK Income Opps Fndr Dis GBP has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Sanlam FOUR Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.0253
    σ
    Overall volatility
    =460.39
    Ir
    Information ratio =1.2

    Sanlam FOUR Alerts

    Sanlam FOUR Alerts and Suggestions

    Sanlam FOUR UK generates negative expected return over the last 30 days

    Price Density Drivers

    Sanlam FOUR Health Indicators

    Please also check Risk vs Return Analysis. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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