Aberdeen Alternative (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BYW7KM88 -- Ireland Fund  

    EUR 9.57  0.02  0.21%

    Aberdeen Alternative probability of target price tool provides mechanism to make assumptions about upside and downside potential of Aberdeen Alternative Strategies A EUR performance during a given time horizon utilizing its historical volatility. Please specify Aberdeen Alternative time horizon, a valid symbol (red box) and a target price (blue box) you would like Aberdeen Alternative odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    Aberdeen Alternative Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.57 30 days 9.57  ABOUT 24.07%
    Based on normal probability distribution, the odds of Aberdeen Alternative to move above current price in 30 days from now is about 24.07% (This Aberdeen Alternative Strategies A EUR probability density function shows the probability of Aberdeen Alternative Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Aberdeen Alternative has beta of 0.0261 . This indicates as returns on market go up, Aberdeen Alternative average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Aberdeen Alternative Strategies A EUR will be expected to be much smaller as well. Additionally Aberdeen Alternative Strategies A EUR has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Aberdeen Alternative Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.0261
    σ
    Overall volatility
    =4.79
    Ir
    Information ratio =0.83

    Current Sentiment - IE00BYW7KM88

    Aberdeen Alternative Investor Sentiment

    Macroaxis portfolio users are indifferent in their judgment towards investing in Aberdeen Alternative Strategies A EUR. What is your sentiment towards investing in Aberdeen Alternative Strategies A EUR? Are you bullish or bearish?
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