TCCB 137 (Israel) Probability of Target Price Finishing Over Current Price

    TCCB-137 -- Israel ETF  

    ILS 873.90  9.70  1.12%

    TCCB 137 probability of target price tool provides mechanism to make assumptions about upside and downside potential of TCCB-137 performance during a given time horizon utilizing its historical volatility. Please specify TCCB 137 time horizon, a valid symbol (red box) and a target price (blue box) you would like TCCB 137 odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
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    TCCB 137 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     873.90 30 days 873.90  ABOUT 13.93%
    Based on normal probability distribution, the odds of TCCB 137 to move above current price in 30 days from now is about 13.93% (This TCCB-137 probability density function shows the probability of TCCB 137 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, TCCB 137 has beta of 0.0041 . This entails as returns on market go up, TCCB 137 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding TCCB-137 will be expected to be much smaller as well. Additionally TCCB-137 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     TCCB 137 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0076
    β
    Beta against DOW=0.0041
    σ
    Overall volatility
    =442.43
    Ir
    Information ratio =0.28

    TCCB 137 Alerts

    TCCB 137 Alerts and Suggestions

    TCCB-137 is not yet fully synchronised with the market data
    TCCB-137 generates negative expected return over the last 30 days
    Also please take a look at World Market Map. Please also try Crypto Portfolio Optimizer module to optimize portfolio of digital coins and token across multiple currency and exchanges.
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