KSM 2FT (Israel) Probability of Target Price Finishing Over Current Price

    KSM-2FT -- Israel ETF  

    ILS 3,189  35.00  1.11%

    KSM 2FT probability of target price tool provides mechanism to make assumptions about upside and downside potential of KSM-2FT performance during a given time horizon utilizing its historical volatility. Please specify KSM 2FT time horizon, a valid symbol (red box) and a target price (blue box) you would like KSM 2FT odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    KSM 2FT Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     3,189 30 days 3,189  ABOUT 20.45%
    Based on normal probability distribution, the odds of KSM 2FT to move above current price in 30 days from now is about 20.45% (This KSM-2FT probability density function shows the probability of KSM 2FT ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, KSM 2FT has beta of 0.0403 indicating as returns on market go up, KSM 2FT average returns are expected to increase less than the benchmark. However during bear market, the loss on holding KSM-2FT will be expected to be much smaller as well. Additionally KSM-2FT has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     KSM 2FT Price Density 
          Price 
    α
    Alpha over DOW
    =0.0007
    β
    Beta against DOW=0.0403
    σ
    Overall volatility
    =1,582
    Ir
    Information ratio =0.21

    KSM 2FT Alerts

    KSM 2FT Alerts and Suggestions

    KSM-2FT is not yet fully synchronised with the market data
    KSM-2FT generates negative expected return over the last 30 days
    Please see also Stocks Correlation. Please also try Cryptocurrency Correlation module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins and exchanges.
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