KSM 1SHR (Israel) Probability of Target Price Finishing Over Current Price

    KSM-1SHR -- Israel ETF  

    ILS 4,509  0.58  0.0129%

    KSM 1SHR probability of target price tool provides mechanism to make assumptions about upside and downside potential of KSM-1SHR performance during a given time horizon utilizing its historical volatility. Please specify KSM 1SHR time horizon, a valid symbol (red box) and a target price (blue box) you would like KSM 1SHR odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    KSM 1SHR Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     4,509 30 days 4,509  ABOUT 18.62%
    Based on normal probability distribution, the odds of KSM 1SHR to move above current price in 30 days from now is about 18.62% (This KSM-1SHR probability density function shows the probability of KSM 1SHR ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, KSM 1SHR has beta of 8.0E-4 indicating as returns on market go up, KSM 1SHR average returns are expected to increase less than the benchmark. However during bear market, the loss on holding KSM-1SHR will be expected to be much smaller as well. Additionally KSM-1SHR has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     KSM 1SHR Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.0099
    β
    Beta against DOW=0.0008
    σ
    Overall volatility
    =2,298
    Ir
    Information ratio =11.21

    KSM 1SHR Alerts

    KSM 1SHR Alerts and Suggestions

    KSM-1SHR is not yet fully synchronised with the market data
    KSM-1SHR generates negative expected return over the last 30 days
    Please see also Stocks Correlation. Please also try Coins and Tokens Correlation module to utilize digital token correlation table to build portfolio of cryptocurrencies across multiple exchanges.
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