KS37 190 (Israel) Probability of Target Price Finishing Over Current Price

    KS37-190 -- Israel ETF  

    ILS 1,612,200  2,400  0.15%

    KS37 190 probability of target price tool provides mechanism to make assumptions about upside and downside potential of KS37-190 performance during a given time horizon utilizing its historical volatility. Please specify KS37 190 time horizon, a valid symbol (red box) and a target price (blue box) you would like KS37 190 odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    KS37 190 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,612,200 30 days 1,612,200  ABOUT 72.09%
    Based on normal probability distribution, the odds of KS37 190 to move above current price in 30 days from now is about 72.09% (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 -0.0103 indicating as returns on benchmark increase, returns on holding KS37 190 are expected to decrease at a much smaller rate. During bear market, however, KS37-190 is likely to outperform the market. Additionally KS37-190 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     KS37 190 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.03
    β
    Beta against DOW=0.01
    σ
    Overall volatility
    =1,171
    Ir
    Information ratio =0.66

    KS37 190 Alerts

    KS37 190 Alerts and Suggestions

    KS37-190 is not yet fully synchronised with the market data
    KS37-190 generates negative expected return over the last 30 days
    Please see also Stocks Correlation. Please also try Equity Valuation module to check real value of public entities based on technical and fundamental data.
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