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   
    Alpha over DOW
    Beta against DOW=0.0041
    Overall volatility
    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.