AMIDEX35 Israel Probability of Target Price Finishing Above 13.14

AMDEX -- USA Fund  

USD 13.31  0.11  0.83%

AMIDEX35 Israel probability of target price tool provides mechanism to make assumptions about upside and downside potential of AMIDEX35 Israel Mutual Fund performance during a given time horizon utilizing its historical volatility. Please specify AMIDEX35 Israel time horizon, a valid symbol (red box) and a target price (blue box) you would like AMIDEX35 Israel odds to be computed. Check also AMIDEX35 Israel Backtesting, Portfolio Optimization, AMIDEX35 Israel Correlation, AMIDEX35 Israel Hype Analysis, AMIDEX35 Israel Volatility, AMIDEX35 Israel History as well as AMIDEX35 Israel Performance.
Horizon     30 Days    Login   to change
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AMIDEX35 Israel Target Price Odds to finish below 13.14

Current PriceHorizonTarget PriceOdds to drop to $ 13.14  or more in 30 days
 13.31 30 days 13.14 
ABOUT 54.7%
Based on normal probability distribution, the odds of AMIDEX35 Israel to drop to $ 13.14  or more in 30 days from now is about 54.7% (This AMIDEX35 Israel Mutual Fund probability density function shows the probability of AMIDEX35 Israel Fund to fall within a particular range of prices over 30 days) . Probability of AMIDEX35 Israel Mutual price to stay between $ 13.14  and its current price of $13.31 at the end of the 30-day period is roughly 2.37%.
Assuming 30 trading days horizon, AMIDEX35 Israel Mutual Fund has beta of -0.0161 . This suggests as returns on benchmark increase, returns on holding AMIDEX35 Israel are expected to decrease at a much smaller rate. During bear market, however, AMIDEX35 Israel Mutual Fund 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. AMIDEX35 Israel Mutual is significantly underperforming DOW.
 AMIDEX35 Israel Price Density 
      Price 
α
Alpha over DOW
=0.01
β
Beta against DOW=0.02
σ
Overall volatility
=2.83
Ir
Information ratio =0.04

AMIDEX35 Israel Alerts and Suggestions

AMIDEX35 Israel generates negative expected return over the last 30 days
AMIDEX35 Israel has high likelihood to experience some financial distress in the next 2 years
Latest headline from www.bundespremierleague.com: New Report Released on Bank Hapolam Bm Ord - BundesPremierLeague
The fund holds 99.33% of its assets under management (AUM) in equities

AMIDEX35 IsraelPrice Density Drivers

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