TGKOS 24 (Israel) Probability of Target Price Finishing Over Current Price

    TGKOS-24 -- Israel ETF  

    ILS 7,867  78.00  1.00%

    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
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    TGKOS 24 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds 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 
          Price 
    α
    Alpha over DOW
    =0.039152
    β
    Beta against DOW=0.0026
    σ
    Overall volatility
    =3,781
    Ir
    Information ratio =0.30

    TGKOS 24 Alerts

    TGKOS 24 Alerts and Suggestions

    TGKOS-24 is not yet fully synchronised with the market data
    TGKOS-24 generates negative expected return over the last 30 days
    Also please take a look at World Market Map. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.
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