HFN15 16 (Israel) Probability of Target Price Finishing Over Current Price

    HFN15-16 -- Israel ETF  

    ILS 1,143  10.00  0.01%

    HFN15 16 probability of target price tool provides mechanism to make assumptions about upside and downside potential of HFN15-16 performance during a given time horizon utilizing its historical volatility. Please specify HFN15 16 time horizon, a valid symbol (red box) and a target price (blue box) you would like HFN15 16 odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    HFN15 16 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,143 30 days 1,143  ABOUT 22.56%
    Based on normal probability distribution, the odds of HFN15 16 to move above current price in 30 days from now is about 22.56% (This HFN15-16 probability density function shows the probability of HFN15 16 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, HFN15 16 has beta of 0.0131 . This indicates as returns on market go up, HFN15 16 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding HFN15-16 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. HFN15-16 is significantly underperforming DOW.
     HFN15 16 Price Density 
          Price 
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.0131
    σ
    Overall volatility
    =564.68
    Ir
    Information ratio =0.035901

    HFN15 16 Alerts

    HFN15 16 Alerts and Suggestions

    HFN15-16 is not yet fully synchronised with the market data
    HFN15-16 generates negative expected return over the last 30 days
    Please also check Risk vs Return Analysis. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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