TB60PSAGOT BAS (Israel) Probability of Target Price Finishing Over Current Price

    PSM6-13 -- Israel ETF  

    ILS 3,062  5.26  0.17%

    TB60PSAGOT BAS probability of target price tool provides mechanism to make assumptions about upside and downside potential of TB60PSAGOT BAS S13 performance during a given time horizon utilizing its historical volatility. Please specify TB60PSAGOT BAS time horizon, a valid symbol (red box) and a target price (blue box) you would like TB60PSAGOT BAS odds to be computed. Additionally take a look at Your Equity Center.
    Horizon     30 Days    Login   to change
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    TB60PSAGOT BAS Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     3,062 30 days 3,062  ABOUT 23.49%
    Based on normal probability distribution, the odds of TB60PSAGOT BAS to move above current price in 30 days from now is about 23.49% (This TB60PSAGOT BAS S13 probability density function shows the probability of TB60PSAGOT BAS ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, TB60PSAGOT BAS S13 has beta of -0.0202 . This implies as returns on benchmark increase, returns on holding TB60PSAGOT BAS are expected to decrease at a much smaller rate. During bear market, however, TB60PSAGOT BAS S13 is likely to outperform the market. Additionally TB60PSAGOT BAS S13 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     TB60PSAGOT BAS Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =1,543
    Ir
    Information ratio =1.28

    TB60PSAGOT BAS Alerts

    TB60PSAGOT BAS Alerts and Suggestions

    TB60PSAGOT BAS S13 is not yet fully synchronised with the market data
    Additionally take a look at Your Equity Center. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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