|Current Price||Horizon||Target Price||Odds 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).
| || |
|Current Price || ||Target Price || |