HY120 18 probability of target price tool provides mechanism to make assumptions about upside and downside potential of HY120-18 performance during a given time horizon utilizing its historical volatility. Please specify HY120 18 time horizon, a valid symbol (red box) and a target price (blue box) you would like HY120 18 odds to be computed. Please also check Risk vs Return Analysis.
|Horizon||30 Days Login to change|
HY120 18 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||ABOUT 90.37%|
Based on normal probability distribution, the odds of HY120 18 to move above current price in 30 days from now is about 90.37% (This HY120-18 probability density function shows the probability of HY120 18 ETF to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, HY120 18 has beta of 0.0 . This indicates the returns on DOW and HY120 18 do not appear to be sensitive. Additionally It does not look like the company alpha can have any bearing on the equity current valuation.
HY120 18 Price Density
|Alpha over DOW||=||0.00|
|Beta against DOW||=||0.00|