PNTR 301 (Israel) Probability of Target Price Finishing Over Current Price

    PNTR-301 -- Israel ETF  

    ILS 1,320  17.00  1.30%

    PNTR 301 probability of target price tool provides mechanism to make assumptions about upside and downside potential of PNTR-301 performance during a given time horizon utilizing its historical volatility. Please specify PNTR 301 time horizon, a valid symbol (red box) and a target price (blue box) you would like PNTR 301 odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    PNTR 301 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,320 30 days 1,320  ABOUT 24.18%
    Based on normal probability distribution, the odds of PNTR 301 to move above current price in 30 days from now is about 24.18% (This PNTR-301 probability density function shows the probability of PNTR 301 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PNTR 301 has beta of 0.1305 . This implies as returns on market go up, PNTR 301 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PNTR-301 will be expected to be much smaller as well. Additionally The company has an alpha of 0.0451 implying that it can potentially generate 0.0451% excess return over DOW after adjusting for the inherited market risk (beta).
     PNTR 301 Price Density 
          Price 
    α
    Alpha over DOW
    =0.045147
    β
    Beta against DOW=0.13
    σ
    Overall volatility
    =636.21
    Ir
    Information ratio =0.1

    PNTR 301 Alerts

    PNTR 301 Alerts and Suggestions

    PNTR-301 is not yet fully synchronised with the market data
    Additionally take a look at Your Equity Center. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.
    Search macroaxis.com