|Current Price||Horizon||Target Price||Odds 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
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|Current Price || ||Target Price || |