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 18.65%
    Based on normal probability distribution, the odds of PSHR 144 to move above current price in 30 days from now is about 18.65% (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 -0.001 . This implies as returns on benchmark increase, returns on holding PSHR 144 are expected to decrease at a much smaller rate. During bear market, however, PSHR-144 is likely to outperform the market. 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.001
    σ
    Overall volatility
    =233,829
    Ir
    Information ratio =2.66

    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
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