LYT7 BE (Germany) Probability of Target Price Finishing Over Current Price

    LYT7 -- Germany ETF  

    EUR 99.20  0.000003  0.00%

    LYT7 BE probability of target price tool provides mechanism to make assumptions about upside and downside potential of LYT7 BE performance during a given time horizon utilizing its historical volatility. Please specify LYT7 BE time horizon, a valid symbol (red box) and a target price (blue box) you would like LYT7 BE odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    LYT7 BE Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     99.20 30 days 99.20  ABOUT 7.68%
    Based on normal probability distribution, the odds of LYT7 BE to move above current price in 30 days from now is about 7.68% (This LYT7 BE probability density function shows the probability of LYT7 BE ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, LYT7 BE has beta of 0.2408 indicating as returns on market go up, LYT7 BE average returns are expected to increase less than the benchmark. However during bear market, the loss on holding LYT7 BE will be expected to be much smaller as well. Additionally The company has an alpha of 0.113 implying that it can potentially generate 0.113% excess return over DOW after adjusting for the inherited market risk (beta).
     LYT7 BE Price Density 
    Alpha over DOW
    Beta against DOW=0.24
    Overall volatility
    Information ratio =0.005607

    LYT7 BE Alerts and Suggestions

    LYT7 BE is not yet fully synchronised with the market data