IF100 48 (Israel) Probability of Target Price Finishing Over Current Price

    IF100-48 -- Israel ETF  

    ILS 6,394  105.00  0.02%

    IF100 48 probability of target price tool provides mechanism to make assumptions about upside and downside potential of IF100-48 performance during a given time horizon utilizing its historical volatility. Please specify IF100 48 time horizon, a valid symbol (red box) and a target price (blue box) you would like IF100 48 odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    IF100 48 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     6,394 30 days 6,394  ABOUT 21.56%
    Based on normal probability distribution, the odds of IF100 48 to move above current price in 30 days from now is about 21.56% (This IF100-48 probability density function shows the probability of IF100 48 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, IF100 48 has beta of 0.0988 . This indicates as returns on market go up, IF100 48 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IF100-48 will be expected to be much smaller as well. Additionally The company has an alpha of 0.0016 implying that it can potentially generate 0.0016% excess return over DOW after adjusting for the inherited market risk (beta).
     IF100 48 Price Density 
          Price 
    α
    Alpha over DOW
    =0.001577
    β
    Beta against DOW=0.1
    σ
    Overall volatility
    =3,117
    Ir
    Information ratio =0.0481

    IF100 48 Alerts

    IF100 48 Alerts and Suggestions

    IF100-48 is not yet fully synchronised with the market data
    IF100-48 generates negative expected return over the last 30 days
    Please also check Risk vs Return Analysis. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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