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

    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
     0.00 30 days 0.00  ABOUT 89.21%
    Based on normal probability distribution, the odds of MTV SP1 to move above current price in 30 days from now is about 89.21% (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 0.0813 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 an alpha of 0.0049 implying that it can potentially generate 0.0049% excess return over DOW after adjusting for the inherited market risk (beta).
     MTV SP1 Price Density 
          Price 
    α
    Alpha over DOW
    =0.004909
    β
    Beta against DOW=0.08
    σ
    Overall volatility
    =3,740
    Ir
    Information ratio =0.29

    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
    MTV-SP1 has some characteristics of a very speculative penny stock
    Please see also Stocks Correlation. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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