KSMS SP2 (Israel) Probability of Target Price Finishing Over Current Price

    KSMS-SP2 -- Israel ETF  

    ILS 2,224  128.00  5.44%

    KSMS SP2 probability of target price tool provides mechanism to make assumptions about upside and downside potential of KSMS-SP2 performance during a given time horizon utilizing its historical volatility. Please specify KSMS SP2 time horizon, a valid symbol (red box) and a target price (blue box) you would like KSMS SP2 odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    KSMS SP2 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     2,224 30 days 2,224  ABOUT 21.63%
    Based on normal probability distribution, the odds of KSMS SP2 to move above current price in 30 days from now is about 21.63% (This KSMS-SP2 probability density function shows the probability of KSMS SP2 ETF to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, KSMS-SP2 has beta of -0.1361 indicating as returns on benchmark increase, returns on holding KSMS SP2 are expected to decrease at a much smaller rate. During bear market, however, KSMS-SP2 is likely to outperform the market. Additionally KSMS-SP2 has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     KSMS SP2 Price Density 
          Price 
    α
    Alpha over DOW
    =0.12
    β
    Beta against DOW=0.14
    σ
    Overall volatility
    =1,146
    Ir
    Information ratio =0.019149

    KSMS SP2 Alerts

    KSMS SP2 Alerts and Suggestions

    KSMS-SP2 is not yet fully synchronised with the market data
    KSMS-SP2 generates negative expected return over the last 30 days
    Please see also Stocks Correlation. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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