PIBOX 76 (Israel) Probability of Target Price Finishing Over Current Price

    PIBOX-76 -- Israel ETF  

    ILS 967,600  21.00  0.0022%

    PIBOX 76 probability of target price tool provides mechanism to make assumptions about upside and downside potential of PIBOX-76 performance during a given time horizon utilizing its historical volatility. Please specify PIBOX 76 time horizon, a valid symbol (red box) and a target price (blue box) you would like PIBOX 76 odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
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    PIBOX 76 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     967,600 30 days 967,600  ABOUT 22.58%
    Based on normal probability distribution, the odds of PIBOX 76 to move above current price in 30 days from now is about 22.58% (This PIBOX-76 probability density function shows the probability of PIBOX 76 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PIBOX 76 has beta of 3.0E-4 . This implies as returns on market go up, PIBOX 76 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PIBOX-76 will be expected to be much smaller as well. Additionally PIBOX-76 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     PIBOX 76 Price Density 
          Price 
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.0003
    σ
    Overall volatility
    =476,153
    Ir
    Information ratio =105.72

    PIBOX 76 Alerts

    PIBOX 76 Alerts and Suggestions

    PIBOX-76 is not yet fully synchronised with the market data
    PIBOX-76 generates negative expected return over the last 30 days
    Additionally take a look at Your Equity Center. Please also try Crypto Portfolio Optimizer module to optimize portfolio of digital coins and token across multiple currency and exchanges.
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