SNOWBALL VALUE (Spain) Probability of Target Price Finishing Over Current Price

S3983 -- Spain Fund  

EUR 0.88  0.65  42.45%

SNOWBALL VALUE probability of target price tool provides mechanism to make assumptions about upside and downside potential of SNOWBALL VALUE SICAV S A performance during a given time horizon utilizing its historical volatility.
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SNOWBALL VALUE Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 0.88 30 days 0.88 
about 98.0
Based on normal probability distribution, the odds of SNOWBALL VALUE to move above current price in 30 days from now is about 98.0 (This SNOWBALL VALUE SICAV S A probability density function shows the probability of SNOWBALL VALUE Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, SNOWBALL VALUE SICAV S A has beta of -0.081 . This entails as returns on benchmark increase, returns on holding SNOWBALL VALUE are expected to decrease at a much smaller rate. During bear market, however, SNOWBALL VALUE SICAV S A 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. SNOWBALL VALUE SICAV is significantly underperforming DOW.
 SNOWBALL VALUE Price Density 
Alpha over DOW
Beta against DOW=0.08
Overall volatility
Information ratio =0.1

SNOWBALL VALUE Alerts and Suggestions

SNOWBALL VALUE SICAV is not yet fully synchronised with the market data
SNOWBALL VALUE SICAV has some characteristics of a very speculative penny stock

SNOWBALL VALUEPrice Density Drivers

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