INGL1 55 (Israel) Probability of Target Price Finishing Over Current Price

    INGL1-55 -- Israel ETF  

    ILS 350.30  0.97  0.28%

    INGL1 55 probability of target price tool provides mechanism to make assumptions about upside and downside potential of INGL1-55 performance during a given time horizon utilizing its historical volatility. Please specify INGL1 55 time horizon, a valid symbol (red box) and a target price (blue box) you would like INGL1 55 odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    INGL1 55 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     350.30 30 days 350.30  ABOUT 21.83%
    Based on normal probability distribution, the odds of INGL1 55 to move above current price in 30 days from now is about 21.83% (This INGL1-55 probability density function shows the probability of INGL1 55 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, INGL1-55 has beta of -0.024 . This indicates as returns on benchmark increase, returns on holding INGL1 55 are expected to decrease at a much smaller rate. During bear market, however, INGL1-55 is likely to outperform the market. Additionally INGL1-55 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     INGL1 55 Price Density 
          Price 
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =172.54
    Ir
    Information ratio =0.55

    INGL1 55 Alerts

    INGL1 55 Alerts and Suggestions

    INGL1-55 is not yet fully synchronised with the market data
    INGL1-55 generates negative expected return over the last 30 days
    Please also check Risk vs Return Analysis. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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