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

    CFPA -- Germany ETF  

    EUR 6.13  0.12  2.00%

    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
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    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 0.1457 . This suggests as returns on market go up, CFPA DU average returns are expected to increase less than the benchmark. However during bear market, the loss on holding CFPA DU will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. CFPA DU is significantly underperforming DOW.
     CFPA DU Price Density 
    Alpha over DOW
    Beta against DOW=0.15
    Overall volatility
    Information ratio =0.23

    CFPA DU Alerts and Suggestions

    CFPA DU is not yet fully synchronised with the market data