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

    IPGK -- Germany ETF  

    EUR 46.70  0.80  1.68%

    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
     46.70 30 days 46.70  ABOUT 92.86%
    Based on normal probability distribution, the odds of IPGK F to move above current price in 30 days from now is about 92.86% (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 -0.1151 . This indicates as returns on benchmark increase, returns on holding IPGK F are expected to decrease at a much smaller rate. During bear market, however, IPGK F is likely to outperform the market. 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 
          Price 
    α
    Alpha over DOW
    =1.17
    β
    Beta against DOW=0.12
    σ
    Overall volatility
    =3.50
    Ir
    Information ratio =0.26

    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 Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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