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

    LHZ2 -- Germany ETF  

    EUR 1.32  0.048  3.51%

    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
     1.32 30 days 1.32  CLOSE TO 99%
    Based on normal probability distribution, the odds of LAZARD PAN to move above current price in 30 days from now is close to 99% (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 EUR BDEO has beta of -0.0079 indicating as returns on benchmark increase, returns on holding LAZARD PAN are expected to decrease at a much smaller rate. During bear market, however, LAZARD PAN EUR BDEO is likely to outperform the market. Additionally LAZARD PAN EUR BDEO has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     LAZARD PAN Price Density 
          Price 
    α
    Alpha over DOW
    =0.83
    β
    Beta against DOW=0.0079
    σ
    Overall volatility
    =0.08
    Ir
    Information ratio =0.26

    LAZARD PAN Alerts

    LAZARD PAN Alerts and Suggestions

    LAZARD PAN EUR is not yet fully synchronised with the market data
    LAZARD PAN EUR generates negative expected return over the last 30 days
    LAZARD PAN EUR has high historical volatility and very poor performance
    LAZARD PAN EUR may become a speculative penny stock
    Please see also Stocks Correlation. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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