HSBC US (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BYYJHW11 -- Ireland Fund  

    USD 1.03  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.03 30 days 1.03  ABOUT 19.93%
    Based on normal probability distribution, the odds of HSBC US to move above current price in 30 days from now is about 19.93% (This HSBC US Dollar Liquidity L probability density function shows the probability of HSBC US Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, HSBC US Dollar Liquidity L has beta of -0.2059 . This indicates as returns on benchmark increase, returns on holding HSBC US are expected to decrease at a much smaller rate. During bear market, however, HSBC US Dollar Liquidity L is likely to outperform the market. Additionally HSBC US Dollar Liquidity L has an alpha of 0.0942 implying that it can potentially generate 0.0942% excess return over DOW after adjusting for the inherited market risk (beta).
     HSBC US Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.09
    β
    Beta against DOW=0.21
    σ
    Overall volatility
    =0.53
    Ir
    Information ratio =0.4

    HSBC US Alerts

    HSBC US Alerts and Suggestions

    HSBC US Dollar has some characteristics of a very speculative penny stock
    The fund retains about 100.0% of its assets under management (AUM) in cash
    Please also check Risk vs Return Analysis. Please also try CEO Directory module to screen ceos from public companies around the world.
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