NZSE (New Zealand) Probability of Target Price Finishing Over Current Price

NZS
NZ50 -- New Zealand Index  

 11,800  62.35  0.53%

NZSE probability of target price tool provides mechanism to make assumptions about upside and downside potential of NZSE performance during a given time horizon utilizing its historical volatility. Please specify NZSE time horizon, a valid symbol (red box) and a target price (blue box) you would like NZSE odds to be computed. See also NZSE Backtesting, Portfolio Optimization, NZSE Correlation, NZSE Hype Analysis, NZSE Volatility, NZSE History as well as NZSE Performance.
Horizon     30 Days    Login   to change
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NZSE Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 11,800 30 days 11,800 
roughly 2.73
Based on normal probability distribution, the odds of NZSE to move above current price in 30 days from now is roughly 2.73 (This NZSE probability density function shows the probability of NZSE Index to fall within a particular range of prices over 30 days) .
 NZSE Price Density 
    
  Price