MTV SP1 (Israel) Probability of Target Price Finishing Over Current Price

    MTV-SP1 -- Israel ETF  

    ILS 7,584  60.00  0.80%

    MTV SP1 probability of target price tool provides mechanism to make assumptions about upside and downside potential of MTV-SP1 performance during a given time horizon utilizing its historical volatility. Please specify MTV SP1 time horizon, a valid symbol (red box) and a target price (blue box) you would like MTV SP1 odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    MTV SP1 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     7,584 30 days 7,584  ABOUT 11.84%
    Based on normal probability distribution, the odds of MTV SP1 to move above current price in 30 days from now is about 11.84% (This MTV-SP1 probability density function shows the probability of MTV SP1 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, MTV SP1 has beta of 0.022 indicating as returns on market go up, MTV SP1 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding MTV-SP1 will be expected to be much smaller as well. Additionally MTV-SP1 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     MTV SP1 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0053
    β
    Beta against DOW=0.022
    σ
    Overall volatility
    =3,800
    Ir
    Information ratio =0.39

    MTV SP1 Alerts

    MTV SP1 Alerts and Suggestions

    MTV-SP1 is not yet fully synchronised with the market data
    MTV-SP1 generates negative expected return over the last 30 days
    Please see also Stocks Correlation. Please also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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