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

    LYYL -- Germany ETF  

    EUR 29.24  0.004999  0.0171%

    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
     29.24 30 days 29.24  ABOUT 11.99%
    Based on normal probability distribution, the odds of Lyxor Stoxx to move above current price in 30 days from now is about 11.99% (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 has beta of 0.0043 indicating as returns on market go up, Lyxor Stoxx average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Lyxor Stoxx Europe 600 TrvlLsr ETF AI will be expected to be much smaller as well. Additionally Lyxor Stoxx Europe 600 TrvlLsr ETF AI has an alpha of 0.0156 implying that it can potentially generate 0.0156% excess return over DOW after adjusting for the inherited market risk (beta).
     Lyxor Stoxx Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.015604
    β
    Beta against DOW=0.0043
    σ
    Overall volatility
    =14.70
    Ir
    Information ratio =1.26

    Lyxor Stoxx Alerts

    Lyxor Stoxx Alerts and Suggestions

    Lyxor Stoxx Europe is not yet fully synchronised with the market data
    Please see also Stocks Correlation. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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