TCNSD 37 (Israel) Probability of Target Price Finishing Over Current Price

    TCNSD-37 -- Israel ETF  

    ILS 4,571  52.00  1.15%

    TCNSD 37 probability of target price tool provides mechanism to make assumptions about upside and downside potential of TCNSD-37 performance during a given time horizon utilizing its historical volatility. Please specify TCNSD 37 time horizon, a valid symbol (red box) and a target price (blue box) you would like TCNSD 37 odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
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    TCNSD 37 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     4,571 30 days 4,571  ABOUT 29.58%
    Based on normal probability distribution, the odds of TCNSD 37 to move above current price in 30 days from now is about 29.58% (This TCNSD-37 probability density function shows the probability of TCNSD 37 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, TCNSD 37 has beta of 0.0 . This entails unless we do not have required data, the returns on DOW and TCNSD 37 are completely uncorrelated. Additionally TCNSD-37It does not look like TCNSD 37 alpha can have any bearing on the equity current valuation.
     TCNSD 37 Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.00
    Overall volatility
    Information ratio =0.00

    TCNSD 37 Alerts

    TCNSD 37 Alerts and Suggestions

    TCNSD-37 is not yet fully synchronised with the market data
    TCNSD-37 generates negative expected return over the last 30 days
    Also please take a look at World Market Map. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.