ETFS Wheat (UK) Probability of Target Price Finishing Over 0.7128

WEAT -- UK ETF  

USD 0.72  0.0245  3.54%

ETFS Wheat probability of target price tool provides mechanism to make assumptions about upside and downside potential of ETFS Wheat ETC performance during a given time horizon utilizing its historical volatility. Please specify ETFS Wheat time horizon, a valid symbol (red box) and a target price (blue box) you would like ETFS Wheat odds to be computed. See also ETFS Wheat Backtesting, Portfolio Optimization, ETFS Wheat Correlation, ETFS Wheat Hype Analysis, ETFS Wheat Volatility, ETFS Wheat History as well as ETFS Wheat Performance.
 Time Horizon     30 Days    Login   to change
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ETFS Wheat Target Price Odds to finish over 0.7128

Current PriceHorizonTarget PriceOdds to stay above $ 0.71  in 30 days
 0.72 30 days 0.71  under 4%
Based on normal probability distribution, the odds of ETFS Wheat to stay above $ 0.71  in 30 days from now is under 4% (This ETFS Wheat ETC probability density function shows the probability of ETFS Wheat ETF to fall within a particular range of prices over 30 days) . Probability of ETFS Commodity Secur price to stay between $ 0.71  and its current price of $0.716 at the end of the 30-day period is near 1%.
Assuming 30 trading days horizon, ETFS Wheat has beta of 0.0 . This means unless we do not have required data, the returns on DOW and ETFS Wheat are completely uncorrelated. Additionally ETFS Wheat ETCIt does not look like ETFS Wheat alpha can have any bearing on the equity current valuation.
 ETFS Wheat Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.020357
Ir
Information ratio =0.24

ETFS Wheat Alerts

ETFS Wheat Alerts and Suggestions
ETFS Commodity Secur has some characteristics of a very speculative penny stock
Latest headline from www.stmvnews.com: ETFS Commodity Securities Limited s Weekly Performance of -5.66 percent Is Nothing to Write Home About

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See also ETFS Wheat Backtesting, Portfolio Optimization, ETFS Wheat Correlation, ETFS Wheat Hype Analysis, ETFS Wheat Volatility, ETFS Wheat History as well as ETFS Wheat Performance. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.