KS13 189 (Israel) Probability of Target Price Finishing Over Current Price

    KS13-189 -- Israel ETF  

    ILS 1,303,800  2,400  0.18%

    KS13 189 probability of target price tool provides mechanism to make assumptions about upside and downside potential of KS13-189 performance during a given time horizon utilizing its historical volatility. Please specify KS13 189 time horizon, a valid symbol (red box) and a target price (blue box) you would like KS13 189 odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    KS13 189 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,303,800 30 days 1,303,800  ABOUT 27.83%
    Based on normal probability distribution, the odds of KS13 189 to move above current price in 30 days from now is about 27.83% (This KS13-189 probability density function shows the probability of KS13 189 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, KS13 189 has beta of 0.0246 indicating as returns on market go up, KS13 189 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding KS13-189 will be expected to be much smaller as well. Additionally KS13-189 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     KS13 189 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0057
    β
    Beta against DOW=0.0246
    σ
    Overall volatility
    =635,488
    Ir
    Information ratio =1.08

    KS13 189 Alerts

    KS13 189 Alerts and Suggestions

    KS13-189 is not yet fully synchronised with the market data
    Please see also Stocks Correlation. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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