|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 7,580 ||30 days|| 7,580 || ABOUT 20.29%|
Based on normal probability distribution, the odds of KSMKR 15 to move above current price in 30 days from now is about 20.29% (This KSMKR-15 probability density function shows the probability of KSMKR 15 ETF to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, KSMKR-15 has beta of -0.0012 indicating as returns on benchmark increase, returns on holding KSMKR 15 are expected to decrease at a much smaller rate. During bear market, however, KSMKR-15 is likely to outperform the market. Additionally KSMKR-15 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
| || |
|Current Price || ||Target Price || |