WBI TACTICAL (Germany) Probability of Target Price Finishing Over Current Price

    OVDD -- Germany ETF  

    EUR 17.76  0.044  0.25%

    WBI TACTICAL probability of target price tool provides mechanism to make assumptions about upside and downside potential of WBI TACTICAL SMY performance during a given time horizon utilizing its historical volatility. Please specify WBI TACTICAL time horizon, a valid symbol (red box) and a target price (blue box) you would like WBI TACTICAL odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
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    WBI TACTICAL Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     17.76 30 days 17.76  UNDER 95%
    Based on normal probability distribution, the odds of WBI TACTICAL to move above current price in 30 days from now is under 95% (This WBI TACTICAL SMY probability density function shows the probability of WBI TACTICAL ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, WBI TACTICAL has beta of 0.1306 . This implies as returns on market go up, WBI TACTICAL average returns are expected to increase less than the benchmark. However during bear market, the loss on holding WBI TACTICAL SMY will be expected to be much smaller as well. Additionally WBI TACTICAL SMY has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     WBI TACTICAL Price Density 
          Price 
    α
    Alpha over DOW
    =0.69
    β
    Beta against DOW=0.13
    σ
    Overall volatility
    =0.99
    Ir
    Information ratio =0.31

    WBI TACTICAL Alerts

    WBI TACTICAL Alerts and Suggestions

    WBI TACTICAL SMY is not yet fully synchronised with the market data
    WBI TACTICAL SMY generates negative expected return over the last 30 days
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