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

TSI -- Germany Stock  

EUR 3.60  0.06  1.69%

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 TSINGTAO BREWERY Backtesting, TSINGTAO BREWERY Valuation, TSINGTAO BREWERY Correlation, TSINGTAO BREWERY Hype Analysis, TSINGTAO BREWERY Volatility, TSINGTAO BREWERY History as well as TSINGTAO BREWERY Performance.
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 89.54%
Based on normal probability distribution, the odds of TSINGTAO BREWERY to move above current price in 30 days from now is about 89.54% (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 0.3616 . 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 an alpha of 0.1087 implying that it can potentially generate 0.1087% excess return over DOW after adjusting for the inherited market risk (beta).
 TSINGTAO BREWERY Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.11
β
Beta against DOW=0.36
σ
Overall volatility
=0.13
Ir
Information ratio =0.09

TSINGTAO BREWERY Alerts

TSINGTAO BREWERY Alerts and Suggestions

TSINGTAO BREWERY H generates negative expected return over the last 30 days
Also please take a look at TSINGTAO BREWERY Backtesting, TSINGTAO BREWERY Valuation, TSINGTAO BREWERY Correlation, TSINGTAO BREWERY Hype Analysis, TSINGTAO BREWERY Volatility, TSINGTAO BREWERY History as well as TSINGTAO BREWERY Performance. Please also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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