IPGK F probability of target price tool provides mechanism to make assumptions about upside and downside potential of IPGK F performance during a given time horizon utilizing its historical volatility. Please specify IPGK F time horizon, a valid symbol (red box) and a target price (blue box) you would like IPGK F odds to be computed. Please also check Risk vs Return Analysis.
|Horizon||30 Days Login to change|
IPGK F Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||CLOSE TO 99%|
Based on normal probability distribution, the odds of IPGK F to move above current price in 30 days from now is close to 99% (This IPGK F probability density function shows the probability of IPGK F ETF to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, IPGK F has beta of 0.1553 . This indicates as returns on market go up, IPGK F average returns are expected to increase less than the benchmark. However during bear market, the loss on holding IPGK F will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. IPGK F is significantly underperforming DOW.
IPGK F Price Density
|Alpha over DOW||=||0.78|
|Beta against DOW||=||0.16|