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 11.97%
    Based on normal probability distribution, the odds of INGL1 55 to move above current price in 30 days from now is about 11.97% (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 0.0333 . This indicates as returns on market go up, INGL1 55 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding INGL1-55 will be expected to be much smaller as well. 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0038
    β
    Beta against DOW=0.0333
    σ
    Overall volatility
    =176.07
    Ir
    Information ratio =1.18

    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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of macroaxis ideas.
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