KSM 195 (Israel) Probability of Target Price Finishing Over Current Price

    KSM-195 -- Israel ETF  

    ILS 4,568  101.00  2.26%

    KSM 195 probability of target price tool provides mechanism to make assumptions about upside and downside potential of KSM-195 performance during a given time horizon utilizing its historical volatility. Please specify KSM 195 time horizon, a valid symbol (red box) and a target price (blue box) you would like KSM 195 odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    KSM 195 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     4,568 30 days 4,568  NEAR 1%
    Based on normal probability distribution, the odds of KSM 195 to move above current price in 30 days from now is near 1% (This KSM-195 probability density function shows the probability of KSM 195 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, KSM-195 has beta of -0.0259 indicating as returns on benchmark increase, returns on holding KSM 195 are expected to decrease at a much smaller rate. During bear market, however, KSM-195 is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. KSM-195 is significantly underperforming DOW.
     KSM 195 Price Density 
          Price 
    α
    Alpha over DOW
    =0.0089
    β
    Beta against DOW=0.03
    σ
    Overall volatility
    =1,314
    Ir
    Information ratio =0.02

    KSM 195 Alerts and Suggestions

    KSM-195 is not yet fully synchronised with the market data
    KSM-195 generates negative expected return over the last 30 days
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