TMDCP 87 (Israel) Probability of Target Price Finishing Over Current Price

    TMDCP-87 -- Israel ETF  

    ILS 10,980  290.00  2.71%

    TMDCP 87 probability of target price tool provides mechanism to make assumptions about upside and downside potential of TMDCP-87 performance during a given time horizon utilizing its historical volatility. Please specify TMDCP 87 time horizon, a valid symbol (red box) and a target price (blue box) you would like TMDCP 87 odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
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    TMDCP 87 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10,980 30 days 10,980  ABOUT 25.7%
    Based on normal probability distribution, the odds of TMDCP 87 to move above current price in 30 days from now is about 25.7% (This TMDCP-87 probability density function shows the probability of TMDCP 87 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, TMDCP-87 has beta of -0.0478 . This entails as returns on benchmark increase, returns on holding TMDCP 87 are expected to decrease at a much smaller rate. During bear market, however, TMDCP-87 is likely to outperform the market. Additionally TMDCP-87 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     TMDCP 87 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0039
    β
    Beta against DOW=0.05
    σ
    Overall volatility
    =5,225
    Ir
    Information ratio =0.1

    TMDCP 87 Alerts

    TMDCP 87 Alerts and Suggestions

    TMDCP-87 is not yet fully synchronised with the market data
    TMDCP-87 generates negative expected return over the last 30 days
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