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|
SPDR MSCI Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds 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
|Alpha over DOW||=||0.00|
|Beta against DOW||=||0.00|