MBNK 18 (Israel) Probability of Target Price Finishing Over Current Price

    MBNK-18 -- Israel ETF  

    ILS 13,680  260.00  1.87%

    MBNK 18 probability of target price tool provides mechanism to make assumptions about upside and downside potential of MBNK-18 performance during a given time horizon utilizing its historical volatility. Please specify MBNK 18 time horizon, a valid symbol (red box) and a target price (blue box) you would like MBNK 18 odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    MBNK 18 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     13,680 30 days 13,680  ABOUT 22.21%
    Based on normal probability distribution, the odds of MBNK 18 to move above current price in 30 days from now is about 22.21% (This MBNK-18 probability density function shows the probability of MBNK 18 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, MBNK 18 has beta of 0.0378 indicating as returns on market go up, MBNK 18 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding MBNK-18 will be expected to be much smaller as well. Additionally MBNK-18 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     MBNK 18 Price Density 
          Price 
    α
    Alpha over DOW
    =0.08
    β
    Beta against DOW=0.0378
    σ
    Overall volatility
    =6,892
    Ir
    Information ratio =0.03

    MBNK 18 Alerts

    MBNK 18 Alerts and Suggestions

    MBNK-18 is not yet fully synchronised with the market data
    Please see also Stocks Correlation. Please also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
    Search macroaxis.com