P9010 28 (Israel) Probability of Target Price Finishing Over Current Price

    P9010-28 -- Israel ETF  

    ILS 12,345  51.00  0.41%

    P9010 28 probability of target price tool provides mechanism to make assumptions about upside and downside potential of P9010-28 performance during a given time horizon utilizing its historical volatility. Please specify P9010 28 time horizon, a valid symbol (red box) and a target price (blue box) you would like P9010 28 odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
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    P9010 28 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     12,345 30 days 12,345  ABOUT 27.87%
    Based on normal probability distribution, the odds of P9010 28 to move above current price in 30 days from now is about 27.87% (This P9010-28 probability density function shows the probability of P9010 28 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, P9010 28 has beta of 0.091 . This implies as returns on market go up, P9010 28 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding P9010-28 will be expected to be much smaller as well. Additionally P9010-28 has an alpha of 0.0337 implying that it can potentially generate 0.0337% excess return over DOW after adjusting for the inherited market risk (beta).
     P9010 28 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.033719
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =5,640
    Ir
    Information ratio =0.65

    P9010 28 Alerts

    P9010 28 Alerts and Suggestions

    P9010-28 is not yet fully synchronised with the market data
    P9010-28 generates negative expected return over the last 30 days
    Additionally take a look at Your Equity Center. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.
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