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 34.2%
    Based on normal probability distribution, the odds of KSBND 63 to move above current price in 30 days from now is about 34.2% (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 0.0015 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 0.0445 implying that it can potentially generate 0.0445% excess return over DOW after adjusting for the inherited market risk (beta).
     KSBND 63 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.044492
    β
    Beta against DOW=0.0015
    σ
    Overall volatility
    =3.98
    Ir
    Information ratio =1.08

    KSBND 63 Alerts

    KSBND 63 Alerts and Suggestions

    KSBND-63 is not yet fully synchronised with the market data
    KSBND-63 generates negative expected return over the last 30 days
    Please see also Stocks Correlation. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.
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