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|
LX IF Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.00||30 days||0.00||CLOSE TO 99%|
Based on normal probability distribution, the odds of LX IF to move above current price in 30 days from now is close to 99% (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 -0.0207 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. LX IF L is significantly underperforming DOW.
LX IF Price Density
|Alpha over DOW||=||0.25|
|Beta against DOW||=||0.02|
LX IF Alerts and Suggestions
|LX IF L is not yet fully synchronised with the market data|
|LX IF L has some characteristics of a very speculative penny stock|