|Horizon||30 Days Login to change|
KHSCE 92 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,001||30 days||1,001||ABOUT 29.98%|
Based on normal probability distribution, the odds of KHSCE 92 to move above current price in 30 days from now is about 29.98% (This KHSCE-92 probability density function shows the probability of KHSCE 92 ETF to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, KHSCE-92 has beta of -0.0208 indicating as returns on benchmark increase, returns on holding KHSCE 92 are expected to decrease at a much smaller rate. During bear market, however, KHSCE-92 is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. KHSCE-92 is significantly underperforming DOW.
KHSCE 92 Price Density
|Alpha over DOW||=||0.04|
|Beta against DOW||=||0.02|