|Horizon||30 Days Login to change|
IF100 48 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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
|Alpha over DOW||=||0.001577|
|Beta against DOW||=||0.1|