KRTY 112 (Israel) Probability of Target Price Finishing Over Current Price

    KRTY-112 -- Israel ETF  

    ILS 1,166  12.00  1.04%

    KRTY 112 probability of target price tool provides mechanism to make assumptions about upside and downside potential of KRTY-112 performance during a given time horizon utilizing its historical volatility. Please specify KRTY 112 time horizon, a valid symbol (red box) and a target price (blue box) you would like KRTY 112 odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    KRTY 112 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,166 30 days 1,166  ABOUT 25.82%
    Based on normal probability distribution, the odds of KRTY 112 to move above current price in 30 days from now is about 25.82% (This KRTY-112 probability density function shows the probability of KRTY 112 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, KRTY-112 has beta of -0.0181 indicating as returns on benchmark increase, returns on holding KRTY 112 are expected to decrease at a much smaller rate. During bear market, however, KRTY-112 is likely to outperform the market. Additionally KRTY-112 has an alpha of 0.042 implying that it can potentially generate 0.042% excess return over DOW after adjusting for the inherited market risk (beta).
     KRTY 112 Price Density 
          Price 
    α
    Alpha over DOW
    =0.042037
    β
    Beta against DOW=0.02
    σ
    Overall volatility
    =545.41
    Ir
    Information ratio =0.23

    KRTY 112 Alerts

    KRTY 112 Alerts and Suggestions

    KRTY-112 is not yet fully synchronised with the market data
    KRTY-112 generates negative expected return over the last 30 days
    Please see also Stocks Correlation. Please also try Companies Directory module to evaluate performance of over 100,000 stocks, funds, and etfs against different fundamentals.
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