CFPA DU (Germany) Probability of Target Price Finishing Over Current Price

    CFPA -- Germany ETF  

    EUR 6.13  0.15  2.59%

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

    CFPA DU Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     6.13 30 days 6.13  ABOUT 64.09%
    Based on normal probability distribution, the odds of CFPA DU to move above current price in 30 days from now is about 64.09% (This CFPA DU probability density function shows the probability of CFPA DU ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, CFPA DU has beta of -0.0522 . This suggests as returns on benchmark increase, returns on holding CFPA DU are expected to decrease at a much smaller rate. During bear market, however, CFPA DU is likely to outperform the market. Additionally CFPA DU has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     CFPA DU Price Density 
    Alpha over DOW
    Beta against DOW=0.05
    Overall volatility
    Information ratio =0.16

    CFPA DU Alerts

    CFPA DU Alerts and Suggestions

    CFPA DU is not yet fully synchronised with the market data
    Check also Trending Equities. Please also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.