PSDAX 68 (Israel) Probability of Target Price Finishing Over Current Price

    PSDAX-68 -- Israel ETF  

    ILS 9,342  2.00  0.0214%

    PSDAX 68 probability of target price tool provides mechanism to make assumptions about upside and downside potential of PSDAX-68 performance during a given time horizon utilizing its historical volatility. Please specify PSDAX 68 time horizon, a valid symbol (red box) and a target price (blue box) you would like PSDAX 68 odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
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    PSDAX 68 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     9,342 30 days 9,342  ABOUT 18.62%
    Based on normal probability distribution, the odds of PSDAX 68 to move above current price in 30 days from now is about 18.62% (This PSDAX-68 probability density function shows the probability of PSDAX 68 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PSDAX 68 has beta of 0.0038 . This implies as returns on market go up, PSDAX 68 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PSDAX-68 will be expected to be much smaller as well. Additionally PSDAX-68 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     PSDAX 68 Price Density 
          Price 
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.0038
    σ
    Overall volatility
    =4,761
    Ir
    Information ratio =14.14

    PSDAX 68 Alerts

    PSDAX 68 Alerts and Suggestions

    PSDAX-68 is not yet fully synchronised with the market data
    PSDAX-68 generates negative expected return over the last 30 days
    Additionally take a look at Your Equity Center. Please also try Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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