KSBND 63 (Israel) Probability of Target Price Finishing Over Current Price

    KSBND-63 -- Israel ETF  

    ILS 3,000  9.75  0.33%

    KSBND 63 probability of target price tool provides mechanism to make assumptions about upside and downside potential of KSBND-63 performance during a given time horizon utilizing its historical volatility. Please specify KSBND 63 time horizon, a valid symbol (red box) and a target price (blue box) you would like KSBND 63 odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    KSBND 63 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     3,000 30 days 3,000  ABOUT 35.3%
    Based on normal probability distribution, the odds of KSBND 63 to move above current price in 30 days from now is about 35.3% (This KSBND-63 probability density function shows the probability of KSBND 63 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, KSBND 63 has beta of 8.0E-4 indicating as returns on market go up, KSBND 63 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding KSBND-63 will be expected to be much smaller as well. Additionally KSBND-63 has an alpha of 0.0367 implying that it can potentially generate 0.0367% excess return over DOW after adjusting for the inherited market risk (beta).
     KSBND 63 Price Density 
    Alpha over DOW
    Beta against DOW=0.0008
    Overall volatility
    Information ratio =1.78

    KSBND 63 Alerts

    KSBND 63 Alerts and Suggestions

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