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   
    Alpha over DOW
    Beta against DOW=0.05
    Overall volatility
    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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