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

    KSM-195 -- Israel ETF  

    ILS 4,568  101.00  0.02%

    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 -0.0045 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
    =0.0091
    β
    Beta against DOW=0.0045
    σ
    Overall volatility
    =1,321
    Ir
    Information ratio =0.10

    KSM 195 Alerts

    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
    Please see also Stocks Correlation. Please also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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