TCCHN 38 (Israel) Probability of Target Price Finishing Over Current Price

    TCCHN-38 -- Israel ETF  

    ILS 7,182  92.00  1.30%

    TCCHN 38 probability of target price tool provides mechanism to make assumptions about upside and downside potential of TCCHN-38 performance during a given time horizon utilizing its historical volatility. Please specify TCCHN 38 time horizon, a valid symbol (red box) and a target price (blue box) you would like TCCHN 38 odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
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    TCCHN 38 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     7,182 30 days 7,182  ABOUT 26.23%
    Based on normal probability distribution, the odds of TCCHN 38 to move above current price in 30 days from now is about 26.23% (This TCCHN-38 probability density function shows the probability of TCCHN 38 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, TCCHN-38 has beta of -0.0946 . This entails as returns on benchmark increase, returns on holding TCCHN 38 are expected to decrease at a much smaller rate. During bear market, however, TCCHN-38 is likely to outperform the market. Additionally TCCHN-38 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     TCCHN 38 Price Density 
          Price 
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =3,444
    Ir
    Information ratio =0.21

    TCCHN 38 Alerts

    TCCHN 38 Alerts and Suggestions

    TCCHN-38 is not yet fully synchronised with the market data
    TCCHN-38 generates negative expected return over the last 30 days
    Also please take a look at World Market Map. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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