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

    IF100-48 -- Israel ETF  

    ILS 6,394  105.00  1.67%

    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 9.52%
    Based on normal probability distribution, the odds of IF100 48 to move above current price in 30 days from now is about 9.52% (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 0.0793 . 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 IF100-48 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     IF100 48 Price Density 
          Price 
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =3,123
    Ir
    Information ratio =0.11

    IF100 48 Alerts

    IF100 48 Alerts and Suggestions

    IF100-48 is not yet fully synchronised with the market data
    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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