|Horizon||30 Days Login to change|
KSMKR 15 Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|7,580||30 days||7,580||ABOUT 21.27%|
Based on normal probability distribution, the odds of KSMKR 15 to move above current price in 30 days from now is about 21.27% (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 -0.0144 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 The company has a negative alpha implying that the risk taken by holding this equity is not justified. KSMKR-15 is significantly underperforming DOW.
KSMKR 15 Price Density
|Alpha over DOW||=||0.0076|
|Beta against DOW||=||0.01|