TGKOS 24 probability of target price tool provides mechanism to make assumptions about upside and downside potential of TGKOS-24 performance during a given time horizon utilizing its historical volatility. Please specify TGKOS 24 time horizon, a valid symbol (red box) and a target price (blue box) you would like TGKOS 24 odds to be computed. Also please take a look at World Market Map.
|Horizon||30 Days Login to change|
TGKOS 24 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|7,867||30 days||7,867||ABOUT 24.19%|
Based on normal probability distribution, the odds of TGKOS 24 to move above current price in 30 days from now is about 24.19% (This TGKOS-24 probability density function shows the probability of TGKOS 24 ETF to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, TGKOS-24 has beta of -0.0026 . This entails as returns on benchmark increase, returns on holding TGKOS 24 are expected to decrease at a much smaller rate. During bear market, however, TGKOS-24 is likely to outperform the market. Additionally TGKOS-24 has an alpha of 0.0392 implying that it can potentially generate 0.0392% excess return over DOW after adjusting for the inherited market risk (beta).
TGKOS 24 Price Density
|Alpha over DOW||=||0.039152|
|Beta against DOW||=||0.0026|