Tsingtao Brewery (Germany) Probability of Target Price Finishing Over Current Price

    TSI -- Germany Stock  

    EUR 3.81  0.07  1.87%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     3.81 30 days 3.81  ABOUT 65.95%
    Based on normal probability distribution, the odds of Tsingtao Brewery to move above current price in 30 days from now is about 65.95% (This Tsingtao Brewery Company Limited probability density function shows the probability of Tsingtao Brewery Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, the stock has beta coefficient of 4.4073 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Tsingtao Brewery will likely underperform. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Tsingtao Brewery is significantly underperforming DOW.
     Tsingtao Brewery Price Density 
          Price 
    α
    Alpha over DOW
    =0.32
    β
    Beta against DOW=4.41
    σ
    Overall volatility
    =1.10
    Ir
    Information ratio =0.0094

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    Tsingtao Brewery is not yet fully synchronised with the market data

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