|Horizon||30 Days Login to change|
KS37 190 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|1,612,200||30 days||1,612,200||ABOUT 67.35%|
Based on normal probability distribution, the odds of KS37 190 to move above current price in 30 days from now is about 67.35% (This KS37-190 probability density function shows the probability of KS37 190 ETF to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, KS37 190 has beta of 0.0013 indicating as returns on market go up, KS37 190 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding KS37-190 will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. KS37-190 is significantly underperforming DOW.
KS37 190 Price Density
|Alpha over DOW||=||0.02|
|Beta against DOW||=||0.0013|