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|
PSIBV 10 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|5,531||30 days||5,531||ABOUT 26.63%|
Based on normal probability distribution, the odds of PSIBV 10 to move above current price in 30 days from now is about 26.63% (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 -0.0407 . 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 an alpha of 0.0889 implying that it can potentially generate 0.0889% excess return over DOW after adjusting for the inherited market risk (beta).
PSIBV 10 Price Density
|Alpha over DOW||=||0.09|
|Beta against DOW||=||0.04|