SPDR Bl (Germany) Probability of Target Price Finishing Over Current Price

    SYBN -- Germany Fund  

    EUR 25.66  0.35  1.35%

    SPDR Bl probability of target price tool provides mechanism to make assumptions about upside and downside potential of SPDR Bl Ba 10Y US Co Bd UETF R performance during a given time horizon utilizing its historical volatility. Please specify SPDR Bl time horizon, a valid symbol (red box) and a target price (blue box) you would like SPDR Bl odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
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    SPDR Bl Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     25.66 30 days 25.66  ABOUT 19.1%
    Based on normal probability distribution, the odds of SPDR Bl to move above current price in 30 days from now is about 19.1% (This SPDR Bl Ba 10Y US Co Bd UETF R probability density function shows the probability of SPDR Bl Fund to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, SPDR Bl Ba 10Y US Co Bd UETF R has beta of -0.0224 . This entails as returns on benchmark increase, returns on holding SPDR Bl are expected to decrease at a much smaller rate. During bear market, however, SPDR Bl Ba 10Y US Co Bd UETF R is likely to outperform the market. Additionally SPDR Bl Ba 10Y US Co Bd UETF R has an alpha of 0.1045 implying that it can potentially generate 0.1045% excess return over DOW after adjusting for the inherited market risk (beta).
     SPDR Bl Price Density 
          Price 
    α
    Alpha over DOW
    =0.10
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =13.11
    Ir
    Information ratio =0.29

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    SPDR Bl Alerts and Suggestions

    SPDR Bl Ba is not yet fully synchronised with the market data
    Also please take a look at World Market Map. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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