|Horizon||30 Days Login to change|
KS13 189 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,303,800||30 days||1,303,800||ABOUT 31.7%|
Based on normal probability distribution, the odds of KS13 189 to move above current price in 30 days from now is about 31.7% (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 0.0189 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 The company has an alpha of 0.0067 implying that it can potentially generate 0.0067% excess return over DOW after adjusting for the inherited market risk (beta).
KS13 189 Price Density
|Alpha over DOW||=||0.00674|
|Beta against DOW||=||0.0189|