TLTGL 30 (Israel) Probability of Target Price Finishing Over Current Price

    TLTGL-30 -- Israel ETF  

    ILS 2,773  0.22  0.0079%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     2,773 30 days 2,773  ABOUT 23.12%
    Based on normal probability distribution, the odds of TLTGL 30 to move above current price in 30 days from now is about 23.12% (This TLTGL-30 probability density function shows the probability of TLTGL 30 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, TLTGL-30 has beta of -3.0E-4 . This entails as returns on benchmark increase, returns on holding TLTGL 30 are expected to decrease at a much smaller rate. During bear market, however, TLTGL-30 is likely to outperform the market. Additionally TLTGL-30 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     TLTGL 30 Price Density 
    Alpha over DOW
    Beta against DOW=0.0003
    Overall volatility
    Information ratio =6.37

    TLTGL 30 Alerts

    TLTGL 30 Alerts and Suggestions

    TLTGL-30 is not yet fully synchronised with the market data
    TLTGL-30 generates negative expected return over the last 30 days
    Also please take a look at World Market Map. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.