GBL EVOL (Germany) Probability of Target Price Finishing Over Current Price

    GBL EVOL probability of target price tool provides mechanism to make assumptions about upside and downside potential of GBL EVOL F FRON MKTS R performance during a given time horizon utilizing its historical volatility. Please specify GBL EVOL time horizon, a valid symbol (red box) and a target price (blue box) you would like GBL EVOL odds to be computed. Check also Trending Equities.
    Horizon     30 Days    Login   to change
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    GBL EVOL Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  OVER 95.96%
    Based on normal probability distribution, the odds of GBL EVOL to move above current price in 30 days from now is over 95.96% (This GBL EVOL F FRON MKTS R probability density function shows the probability of GBL EVOL Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, GBL EVOL F FRON MKTS R has beta of -0.0023 . This suggests as returns on benchmark increase, returns on holding GBL EVOL are expected to decrease at a much smaller rate. During bear market, however, GBL EVOL F FRON MKTS R 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. GBL EVOL F is significantly underperforming DOW.
     GBL EVOL Price Density 
          Price 
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.0023
    σ
    Overall volatility
    =66.61
    Ir
    Information ratio =1.26

    GBL EVOL Alerts

    GBL EVOL Alerts and Suggestions

    GBL EVOL F is not yet fully synchronised with the market data
    GBL EVOL F has some characteristics of a very speculative penny stock
    Check also Trending Equities. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
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