SLXXL (Ireland) Probability of Target Price Finishing Over Current Price

    SLXXL probability of target price tool provides mechanism to make assumptions about upside and downside potential of SLXXL performance during a given time horizon utilizing its historical volatility. Please specify SLXXL time horizon, a valid symbol (red box) and a target price (blue box) you would like SLXXL odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
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    SLXXL Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  ABOUT 90.19%
    Based on normal probability distribution, the odds of SLXXL to move above current price in 30 days from now is about 90.19% (This SLXXL probability density function shows the probability of SLXXL Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, SLXXL has beta of 0.001 . This entails as returns on market go up, SLXXL average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SLXXL 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. SLXXL is significantly underperforming DOW.
     SLXXL Price Density 
          Price 
    α
    Alpha over DOW
    =0.0099
    β
    Beta against DOW=0.001
    σ
    Overall volatility
    =6,876
    Ir
    Information ratio =1.19

    SLXXL Alerts

    SLXXL Alerts and Suggestions

    SLXXL is not yet fully synchronised with the market data
    SLXXL generates negative expected return over the last 30 days
    SLXXL has some characteristics of a very speculative penny stock
    Also please take a look at World Market Map. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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