Gbl Evolution (Germany) Probability of Target Price Finishing Over Current Price

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

    Gbl Evolution Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     0.00 30 days 0.00  ABOUT 91.41%
    Based on normal probability distribution, the odds of Gbl Evolution to move above current price in 30 days from now is about 91.41% (This Gbl Evolution Fds Front Mkts Na probability density function shows the probability of Gbl Evolution Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Gbl Evolution Fds Front Mkts Na has beta of -0.0357 . This suggests as returns on benchmark increase, returns on holding Gbl Evolution are expected to decrease at a much smaller rate. During bear market, however, Gbl Evolution Fds Front Mkts Na is likely to outperform the market. Additionally Gbl Evolution Fds Front Mkts Na has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Gbl Evolution Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.13
    β
    Beta against DOW=0.04
    σ
    Overall volatility
    =71.33
    Ir
    Information ratio =0.10

    Gbl Evolution Alerts

    Gbl Evolution Alerts and Suggestions

    Gbl Evolution Fds is not yet fully synchronised with the market data
    Gbl Evolution Fds generates negative expected return over the last 30 days
    Gbl Evolution Fds has some characteristics of a very speculative penny stock
    Check also Trending Equities. Please also try Premium Stories module to follow macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
    Search macroaxis.com