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

    LYT7 -- Germany ETF  

    EUR 91.12  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
     91.12 30 days 91.12  ABOUT 89.74%
    Based on normal probability distribution, the odds of LYT7 BE to move above current price in 30 days from now is about 89.74% (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 -0.0117 indicating as returns on benchmark increase, returns on holding LYT7 BE are expected to decrease at a much smaller rate. During bear market, however, LYT7 BE is likely to outperform the market. Additionally LYT7 BE has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     LYT7 BE Price Density 
          Price 
    α
    Alpha over DOW
    =0.4
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =2.84
    Ir
    Information ratio =0.17

    LYT7 BE Alerts

    LYT7 BE Alerts and Suggestions

    LYT7 BE is not yet fully synchronised with the market data
    LYT7 BE generates negative expected return over the last 30 days
    Please see also Stocks Correlation. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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