Sanlam FOUR (Ireland) Probability of Target Price Finishing Over Current Price

    IE00BZ0Y8793 -- Ireland Fund  

    GBp 1,014  2.00  0.20%

    Sanlam FOUR probability of target price tool provides mechanism to make assumptions about upside and downside potential of Sanlam FOUR Multi Strat GBP A 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
     1,014 30 days 1,014 
    ABOUT 18.17%
    Based on normal probability distribution, the odds of Sanlam FOUR to move above current price in 30 days from now is about 18.17% (This Sanlam FOUR Multi Strat GBP A 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 0.1194 . 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 Multi Strat GBP A 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. Sanlam FOUR Multi is significantly underperforming DOW.
     Sanlam FOUR Price Density 
    Alpha over DOW
    Beta against DOW=0.12
    Overall volatility
    Information ratio =0.73

    Sanlam FOUR Alerts and Suggestions

    Sanlam FOUR Multi is not yet fully synchronised with the market data
    Sanlam FOUR Multi generates negative expected return over the last 30 days
    The fund retains about 41.62% of its assets under management (AUM) in cash

    Sanlam FOURPrice Density Drivers