IPGK F (Germany) Probability of Target Price Finishing Over Current Price

    IPGK -- Germany ETF  

    EUR 47.33  0.39  0.82%

    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
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    IPGK F Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     47.33 30 days 47.33  ROUGHLY 97.0%
    Based on normal probability distribution, the odds of IPGK F to move above current price in 30 days from now is roughly 97.0% (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 0.0048 . 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 IPGK F has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     IPGK F Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =1.29
    β
    Beta against DOW=0.0048
    σ
    Overall volatility
    =2.96
    Ir
    Information ratio =0.28

    IPGK F Alerts

    IPGK F Alerts and Suggestions

    IPGK F is not yet fully synchronised with the market data
    IPGK F generates negative expected return over the last 30 days
    Please also check Risk vs Return Analysis. Please also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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