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   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =747.64
    Ir
    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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