LX IF (Germany) Probability of Target Price Finishing Over Current Price

    LYT7 -- Germany ETF  

    EUR 90.36  0.06  0.07%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     90.36 30 days 90.36  ABOUT 72.25%
    Based on normal probability distribution, the odds of LX IF to move above current price in 30 days from now is about 72.25% (This LX IF L F D E C I C DEOD probability density function shows the probability of LX IF ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, LX IF L F D E C I C DEOD has beta of -0.1796 indicating as returns on benchmark increase, returns on holding LX IF are expected to decrease at a much smaller rate. During bear market, however, LX IF L F D E C I C DEOD is likely to outperform the market. Additionally LX IF L F D E C I C DEOD has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     LX IF Price Density 
          Price 
    α
    Alpha over DOW
    =0.29
    β
    Beta against DOW=0.18
    σ
    Overall volatility
    =2.44
    Ir
    Information ratio =0.06

    LX IF Alerts

    LX IF Alerts and Suggestions

    LX IF L is not yet fully synchronised with the market data
    Please see also Stocks Correlation. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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