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SABADELL SEL (Spain) Probability of Target Price Finishing Over Current Price

SA
ES0182282055 -- Spain Fund  

EUR 9.17  0.01  0.11%

SABADELL SEL probability of target price tool provides mechanism to make assumptions about upside and downside potential of SABADELL SEL AL PYME performance during a given time horizon utilizing its historical volatility.
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Please specify SABADELL SEL time horizon, a valid symbol (red box) and a target price (blue box) you would like SABADELL SEL odds to be computed. Continue to SABADELL SEL Backtesting, Portfolio Optimization, SABADELL SEL Correlation, SABADELL SEL Hype Analysis, SABADELL SEL Volatility, SABADELL SEL History as well as SABADELL SEL Performance.
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SABADELL SEL Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 9.17 30 days 9.17 
close to 99
Based on normal probability distribution, the odds of SABADELL SEL to move above current price in 30 days from now is close to 99 (This SABADELL SEL AL PYME probability density function shows the probability of SABADELL SEL Fund to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, SABADELL SEL has beta of 0.0073 suggesting as returns on market go up, SABADELL SEL average returns are expected to increase less than the benchmark. However during bear market, the loss on holding SABADELL SEL AL PYME 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. SABADELL SEL AL is significantly underperforming DOW.
 SABADELL SEL Price Density 
    
  Price 
α
Alpha over DOW
=0.09
β
Beta against DOW=0.0073
σ
Overall volatility
=0.16
Ir
Information ratio =0.46

SABADELL SEL Alerts and Suggestions

SABADELL SEL AL generates negative expected return over the last 30 days

SABADELL SELPrice Density Drivers

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