KSMKR 15 (Israel) Probability of Target Price Finishing Over Current Price

    KSMKR-15 -- Israel ETF  

    ILS 7,580  10.00  0.13%

    KSMKR 15 probability of target price tool provides mechanism to make assumptions about upside and downside potential of KSMKR-15 performance during a given time horizon utilizing its historical volatility. Please specify KSMKR 15 time horizon, a valid symbol (red box) and a target price (blue box) you would like KSMKR 15 odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    KSMKR 15 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds 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
     KSMKR 15 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.01
    β
    Beta against DOW=0.0012
    σ
    Overall volatility
    =3,842
    Ir
    Information ratio =0.61

    KSMKR 15 Alerts

    KSMKR 15 Alerts and Suggestions

    KSMKR-15 is not yet fully synchronised with the market data
    Please see also Stocks Correlation. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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