|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 17,300 ||30 days|| 17,300 || ABOUT 26.73%|
Based on normal probability distribution, the odds of KDAX 234 to move above current price in 30 days from now is about 26.73% (This KDAX-234 probability density function shows the probability of KDAX 234 ETF to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, KDAX 234 has beta of 0.0 indicating unless we do not have required data, the returns on DOW and KDAX 234 are completely uncorrelated. Additionally KDAX-234It does not look like KDAX 234 alpha can have any bearing on the equity current valuation.
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