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|
KER50 35 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|11,980||30 days||11,980||ABOUT 21.56%|
Based on normal probability distribution, the odds of KER50 35 to move above current price in 30 days from now is about 21.56% (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 -0.0434 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 an alpha of 0.0331 implying that it can potentially generate 0.0331% excess return over DOW after adjusting for the inherited market risk (beta).
KER50 35 Price Density
|Alpha over DOW||=||0.03311|
|Beta against DOW||=||0.04|