PMXWD 72 (Israel) Probability of Target Price Finishing Over Current Price

    PMXWD-72 -- Israel ETF  

    ILS 1,612  16.00  1.00%

    PMXWD 72 probability of target price tool provides mechanism to make assumptions about upside and downside potential of PMXWD-72 performance during a given time horizon utilizing its historical volatility. Please specify PMXWD 72 time horizon, a valid symbol (red box) and a target price (blue box) you would like PMXWD 72 odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
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    PMXWD 72 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,612 30 days 1,612  ABOUT 31.17%
    Based on normal probability distribution, the odds of PMXWD 72 to move above current price in 30 days from now is about 31.17% (This PMXWD-72 probability density function shows the probability of PMXWD 72 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PMXWD 72 has beta of 0.1392 . This implies as returns on market go up, PMXWD 72 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PMXWD-72 will be expected to be much smaller as well. Additionally The company has an alpha of 0.0498 implying that it can potentially generate 0.0498% excess return over DOW after adjusting for the inherited market risk (beta).
     PMXWD 72 Price Density 
    Alpha over DOW
    Beta against DOW=0.14
    Overall volatility
    Information ratio =0.0082

    PMXWD 72 Alerts

    PMXWD 72 Alerts and Suggestions

    PMXWD-72 is not yet fully synchronised with the market data
    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.