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

    IE00BYW7KM88 -- Ireland Fund  

    EUR 9.40  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
    Symbol:
    Refresh Odds

    Aberdeen Alternative Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9.40 30 days 9.40  ABOUT 35.26%
    Based on normal probability distribution, the odds of Aberdeen Alternative to move above current price in 30 days from now is about 35.26% (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 0.0131 . 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. Aberdeen Alternative is significantly underperforming DOW.
     Aberdeen Alternative Price Density 
          Price 
    α
    Alpha over DOW
    =0.04
    β
    Beta against DOW=0.0131
    σ
    Overall volatility
    =3.80
    Ir
    Information ratio =0.44

    Aberdeen Alternative Alerts

    Aberdeen Alternative Alerts and Suggestions

    Aberdeen Alternative is not yet fully synchronised with the market data

    Price Density Drivers

    Aberdeen Alternative Health Indicators

    Please also check Risk vs Return Analysis. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.
    Search macroaxis.com