TSINGTAO BREWERY (Germany) Probability of Target Price Finishing Over Current Price

    TSI -- Germany Stock  

    EUR 3.60  0.02  0.55%

    TSINGTAO BREWERY probability of target price tool provides mechanism to make assumptions about upside and downside potential of TSINGTAO BREWERY H YC 1 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
     3.60 30 days 3.60  ABOUT 41.95%
    Based on normal probability distribution, the odds of TSINGTAO BREWERY to move above current price in 30 days from now is about 41.95% (This TSINGTAO BREWERY H YC 1 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, TSINGTAO BREWERY has beta of 0.3152 . This entails as returns on market go up, TSINGTAO BREWERY average returns are expected to increase less than the benchmark. However during bear market, the loss on holding TSINGTAO BREWERY H YC 1 will be expected to be much smaller as well. Additionally TSINGTAO BREWERY H YC 1 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     TSINGTAO BREWERY Price Density 
          Price 
    α
    Alpha over DOW
    =0.13
    β
    Beta against DOW=0.32
    σ
    Overall volatility
    =1.35
    Ir
    Information ratio =0.0099

    TSINGTAO BREWERY Alerts

    TSINGTAO BREWERY Alerts and Suggestions

    TSINGTAO BREWERY H is not yet fully synchronised with the market data
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