iShares Global (Ireland) Probability of Target Price Finishing Over Current Price

    INFR -- Ireland Fund  

    USD 24.12  0.54  2.19%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     24.12 30 days 24.12  ABOUT 21.18%
    Based on normal probability distribution, the odds of iShares Global to move above current price in 30 days from now is about 21.18% (This iShares Global Infras ETF USD Dist probability density function shows the probability of iShares Global Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, iShares Global Infras ETF USD Dist has beta of -0.2072 . This indicates as returns on benchmark increase, returns on holding iShares Global are expected to decrease at a much smaller rate. During bear market, however, iShares Global Infras ETF USD Dist is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. iShares Global Infras is significantly underperforming DOW.
     iShares Global Price Density 
          Price 
    α
    Alpha over DOW
    =0.04
    β
    Beta against DOW=0.21
    σ
    Overall volatility
    =12.13
    Ir
    Information ratio =0.08

    iShares Global Alerts

    iShares Global Alerts and Suggestions

    iShares Global is not yet fully synchronised with the market data
    The fund retains 99.24% of its assets under management (AUM) in equities
    Please also check Risk vs Return Analysis. Please also try Balance Of Power module to check stock momentum by analyzing balance of power indicator and other technical ratios.
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