SPDR MSCI (Ireland) Probability of Target Price Finishing Over Current Price

    STPP -- Ireland Fund  

    EUR 128.93  0.00  0.00%

    SPDR MSCI probability of target price tool provides mechanism to make assumptions about upside and downside potential of SPDR MSCI Europe Materials ETF performance during a given time horizon utilizing its historical volatility. Please specify SPDR MSCI time horizon, a valid symbol (red box) and a target price (blue box) you would like SPDR MSCI odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
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    SPDR MSCI Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     128.93 30 days 128.93  ABOUT 11.74%
    Based on normal probability distribution, the odds of SPDR MSCI to move above current price in 30 days from now is about 11.74% (This SPDR MSCI Europe Materials ETF probability density function shows the probability of SPDR MSCI Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, SPDR MSCI has beta of 0.0 . This entails unless we do not have required data, the returns on DOW and SPDR MSCI are completely uncorrelated. Additionally SPDR MSCI Europe Materials ETFIt does not look like SPDR MSCI alpha can have any bearing on the equity current valuation.
     SPDR MSCI Price Density 
          Price 
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =64.12
    Ir
    Information ratio =0.00

    SPDR MSCI Alerts

    SPDR MSCI Alerts and Suggestions

    SPDR MSCI Europe is not yet fully synchronised with the market data
    SPDR MSCI Europe generates negative expected return over the last 30 days
    Also please take a look at World Market Map. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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