KER50 35 (Israel) Probability of Target Price Finishing Over Current Price

    KER50-35 -- Israel ETF  

    ILS 11,980  140.00  1.18%

    KER50 35 probability of target price tool provides mechanism to make assumptions about upside and downside potential of KER50-35 performance during a given time horizon utilizing its historical volatility. Please specify KER50 35 time horizon, a valid symbol (red box) and a target price (blue box) you would like KER50 35 odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    KER50 35 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     11,980 30 days 11,980  ABOUT 18.32%
    Based on normal probability distribution, the odds of KER50 35 to move above current price in 30 days from now is about 18.32% (This KER50-35 probability density function shows the probability of KER50 35 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, KER50-35 has beta of -0.1598 indicating as returns on benchmark increase, returns on holding KER50 35 are expected to decrease at a much smaller rate. During bear market, however, KER50-35 is likely to outperform the market. Additionally KER50-35 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     KER50 35 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.16
    σ
    Overall volatility
    =6,070
    Ir
    Information ratio =0.19

    KER50 35 Alerts

    KER50 35 Alerts and Suggestions

    KER50-35 is not yet fully synchronised with the market data
    KER50-35 generates negative expected return over the last 30 days
    Please see also Stocks Correlation. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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