TENAX CRDIT (Ireland) Probability of Target Price Finishing Over

    TENAX CRDIT probability of target price tool provides mechanism to make assumptions about upside and downside potential of TENAX CRDIT EUR B performance during a given time horizon utilizing its historical volatility. Please specify TENAX CRDIT time horizon, a valid symbol (red box) and a target price (blue box) you would like TENAX CRDIT odds to be computed. Check also Trending Equities.
     Time Horizon     30 Days    Login   to change
    Refresh Odds

    TENAX CRDIT Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  ABOUT 76.99%
    Based on normal probability distribution, the odds of TENAX CRDIT to move above current price in 30 days from now is about 76.99% (This TENAX CRDIT EUR B probability density function shows the probability of TENAX CRDIT Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, TENAX CRDIT has beta of 0.7334 . This suggests as returns on market go up, TENAX CRDIT average returns are expected to increase less than the benchmark. However during bear market, the loss on holding TENAX CRDIT EUR B will be expected to be much smaller as well. Additionally TENAX CRDIT EUR B has an alpha of 2.0E-4 implying that it can potentially generate 2.0E-4% excess return over DOW after adjusting for the inherited market risk (beta).
     TENAX CRDIT Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00015318
    β
    Beta against DOW=0.73
    σ
    Overall volatility
    =50.28
    Ir
    Information ratio =0.00036351

    TENAX CRDIT Alerts

    TENAX CRDIT Alerts and Suggestions
    TENAX CRDIT EUR has some characteristics of a very speculative penny stock
    Check also Trending Equities. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.