LAZARD PAN (Germany) Probability of Target Price Finishing Over Current Price

    LHZ2 -- Germany ETF  

    EUR 1.36  0.034  2.56%

    LAZARD PAN probability of target price tool provides mechanism to make assumptions about upside and downside potential of LAZARD PAN EUR BDEO performance during a given time horizon utilizing its historical volatility. Please specify LAZARD PAN time horizon, a valid symbol (red box) and a target price (blue box) you would like LAZARD PAN odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    LAZARD PAN Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1.36 30 days 1.36  ROUGHLY 96.0%
    Based on normal probability distribution, the odds of LAZARD PAN to move above current price in 30 days from now is roughly 96.0% (This LAZARD PAN EUR BDEO probability density function shows the probability of LAZARD PAN ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, LAZARD PAN has beta of 0.1168 indicating as returns on market go up, LAZARD PAN average returns are expected to increase less than the benchmark. However during bear market, the loss on holding LAZARD PAN EUR BDEO 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. LAZARD PAN EUR is significantly underperforming DOW.
     LAZARD PAN Price Density 
          Price 
    α
    Alpha over DOW
    =0.79
    β
    Beta against DOW=0.12
    σ
    Overall volatility
    =0.1
    Ir
    Information ratio =0.34

    LAZARD PAN Alerts and Suggestions

    LAZARD PAN EUR is not yet fully synchronised with the market data
    LAZARD PAN EUR may become a speculative penny stock
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