TCMR 27 (Israel) Probability of Target Price Finishing Over Current Price

    TCMR-27 -- Israel ETF  

    ILS 974.10  0.00  0.00%

    TCMR 27 probability of target price tool provides mechanism to make assumptions about upside and downside potential of TCMR-27 performance during a given time horizon utilizing its historical volatility. Please specify TCMR 27 time horizon, a valid symbol (red box) and a target price (blue box) you would like TCMR 27 odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    TCMR 27 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     974.10 30 days 974.10  ABOUT 12.02%
    Based on normal probability distribution, the odds of TCMR 27 to move above current price in 30 days from now is about 12.02% (This TCMR-27 probability density function shows the probability of TCMR 27 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, TCMR 27 has beta of 0.0 . This entails unless we do not have required data, the returns on DOW and TCMR 27 are completely uncorrelated. Additionally TCMR-27It does not look like TCMR 27 alpha can have any bearing on the equity current valuation.
     TCMR 27 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.00
    β
    Beta against DOW=0.00
    σ
    Overall volatility
    =490.20
    Ir
    Information ratio =0.00

    TCMR 27 Alerts

    TCMR 27 Alerts and Suggestions

    TCMR-27 is not yet fully synchronised with the market data
    TCMR-27 generates negative expected return over the last 30 days
    Also please take a look at World Market Map. Please also try Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.
    Search macroaxis.com