INBND 61 (Israel) Probability of Target Price Finishing Over Current Price

    INBND-61 -- Israel ETF  

    ILS 12,392  21.00  0.17%

    INBND 61 probability of target price tool provides mechanism to make assumptions about upside and downside potential of INBND-61 performance during a given time horizon utilizing its historical volatility. Please specify INBND 61 time horizon, a valid symbol (red box) and a target price (blue box) you would like INBND 61 odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    INBND 61 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12,392 30 days 12,392  ABOUT 30.66%
    Based on normal probability distribution, the odds of INBND 61 to move above current price in 30 days from now is about 30.66% (This INBND-61 probability density function shows the probability of INBND 61 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, INBND 61 has beta of 0.0114 . This indicates as returns on market go up, INBND 61 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding INBND-61 will be expected to be much smaller as well. Additionally INBND-61 has an alpha of 0.0101 implying that it can potentially generate 0.0101% excess return over DOW after adjusting for the inherited market risk (beta).
     INBND 61 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.010054
    β
    Beta against DOW=0.0114
    σ
    Overall volatility
    =5,460
    Ir
    Information ratio =0.81

    INBND 61 Alerts

    INBND 61 Alerts and Suggestions

    INBND-61 is not yet fully synchronised with the market data
    INBND-61 generates negative expected return over the last 30 days
    Please also check Risk vs Return Analysis. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.
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