DNB FD (Germany) Probability of Target Price Finishing Over Current Price

    CFPA -- Germany ETF  

    EUR 5.77  0.00  0.00%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     5.77 30 days 5.77  ABOUT 93.0%
    Based on normal probability distribution, the odds of DNB FD to move above current price in 30 days from now is about 93.0% (This DNB FD ASIAN SMALL CAP A probability density function shows the probability of DNB FD ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, DNB FD ASIAN SMALL CAP A has beta of -0.4765 . This suggests as returns on benchmark increase, returns on holding DNB FD are expected to decrease at a much smaller rate. During bear market, however, DNB FD ASIAN SMALL CAP A 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. DNB FD ASIAN is significantly underperforming DOW.
     DNB FD Price Density 
    Alpha over DOW
    Beta against DOW=0.48
    Overall volatility
    Information ratio =0.62

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