PSIBV 10 (Israel) Probability of Target Price Finishing Over Current Price

    PSIBV-10 -- Israel ETF  

    ILS 5,531  76.00  1.39%

    PSIBV 10 probability of target price tool provides mechanism to make assumptions about upside and downside potential of PSIBV-10 performance during a given time horizon utilizing its historical volatility. Please specify PSIBV 10 time horizon, a valid symbol (red box) and a target price (blue box) you would like PSIBV 10 odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
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    PSIBV 10 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     5,531 30 days 5,531  ABOUT 25.58%
    Based on normal probability distribution, the odds of PSIBV 10 to move above current price in 30 days from now is about 25.58% (This PSIBV-10 probability density function shows the probability of PSIBV 10 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, PSIBV-10 has beta of -0.4666 . This implies as returns on benchmark increase, returns on holding PSIBV 10 are expected to decrease at a much smaller rate. During bear market, however, PSIBV-10 is likely to outperform the market. Additionally PSIBV-10 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     PSIBV 10 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.09
    β
    Beta against DOW=0.47
    σ
    Overall volatility
    =2,637
    Ir
    Information ratio =0.17

    PSIBV 10 Alerts

    PSIBV 10 Alerts and Suggestions

    PSIBV-10 is not yet fully synchronised with the market data
    PSIBV-10 generates negative expected return over the last 30 days
    Additionally take a look at Your Equity Center. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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