Lyxor Stoxx (Germany) Probability of Target Price Finishing Over Current Price

    LYYL -- Germany ETF  

    EUR 27.62  0.17  0.63%

    Lyxor Stoxx probability of target price tool provides mechanism to make assumptions about upside and downside potential of Lyxor Stoxx Europe 600 TrvlLsr ETF AI performance during a given time horizon utilizing its historical volatility. Please specify Lyxor Stoxx time horizon, a valid symbol (red box) and a target price (blue box) you would like Lyxor Stoxx odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    Lyxor Stoxx Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     27.62 30 days 27.62  ABOUT 28.82%
    Based on normal probability distribution, the odds of Lyxor Stoxx to move above current price in 30 days from now is about 28.82% (This Lyxor Stoxx Europe 600 TrvlLsr ETF AI probability density function shows the probability of Lyxor Stoxx ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Lyxor Stoxx Europe 600 TrvlLsr ETF AI has beta of -0.0101 indicating as returns on benchmark increase, returns on holding Lyxor Stoxx are expected to decrease at a much smaller rate. During bear market, however, Lyxor Stoxx Europe 600 TrvlLsr ETF AI 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. Lyxor Stoxx Europe is significantly underperforming DOW.
     Lyxor Stoxx Price Density 
    Alpha over DOW
    Beta against DOW=0.01
    Overall volatility
    Information ratio =0.76

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    Lyxor Stoxx Europe is not yet fully synchronised with the market data

    Price Density Drivers

    Lyxor Stoxx Health Indicators

    Average Daily Volume Last 10 Day20
    Average Daily Volume In Three Month20
    Please see also Stocks Correlation. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.