PSHR 144 (Israel) Probability of Target Price Finishing Over Current Price

    PSHR-144 -- Israel ETF  

    ILS 458,569  474.06  0.10%

    PSHR 144 probability of target price tool provides mechanism to make assumptions about upside and downside potential of PSHR-144 performance during a given time horizon utilizing its historical volatility. Please specify PSHR 144 time horizon, a valid symbol (red box) and a target price (blue box) you would like PSHR 144 odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
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    PSHR 144 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     458,569 30 days 458,569  ABOUT 23.24%
    Based on normal probability distribution, the odds of PSHR 144 to move above current price in 30 days from now is about 23.24% (This PSHR-144 probability density function shows the probability of PSHR 144 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PSHR 144 has beta of 0.0028 . This implies as returns on market go up, PSHR 144 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding PSHR-144 will be expected to be much smaller as well. Additionally PSHR-144 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     PSHR 144 Price Density 
          Price 
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.0028
    σ
    Overall volatility
    =223,874
    Ir
    Information ratio =1.43

    PSHR 144 Alerts

    PSHR 144 Alerts and Suggestions

    PSHR-144 is not yet fully synchronised with the market data
    PSHR-144 generates negative expected return over the last 30 days
    Additionally take a look at Your Equity Center. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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