TBN60 28 (Israel) Probability of Target Price Finishing Over Current Price

    TBN60-28 -- Israel ETF  

    ILS 1,485  32.14  2.12%

    TBN60 28 probability of target price tool provides mechanism to make assumptions about upside and downside potential of TBN60-28 performance during a given time horizon utilizing its historical volatility. Please specify TBN60 28 time horizon, a valid symbol (red box) and a target price (blue box) you would like TBN60 28 odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
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    TBN60 28 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,485 30 days 1,485  ABOUT 22.9%
    Based on normal probability distribution, the odds of TBN60 28 to move above current price in 30 days from now is about 22.9% (This TBN60-28 probability density function shows the probability of TBN60 28 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, TBN60 28 has beta of 0.0 . This entails unless we do not have required data, the returns on DOW and TBN60 28 are completely uncorrelated. Additionally TBN60-28It does not look like TBN60 28 alpha can have any bearing on the equity current valuation.
     TBN60 28 Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.00
    Overall volatility
    Information ratio =0.00

    TBN60 28 Alerts

    TBN60 28 Alerts and Suggestions

    TBN60-28 is not yet fully synchronised with the market data
    TBN60-28 generates negative expected return over the last 30 days
    Also please take a look at World Market Map. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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