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 6.26%
    Based on normal probability distribution, the odds of KSMS SP2 to move above current price in 30 days from now is about 6.26% (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 0.2672 indicating as returns on market go up, KSMS SP2 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding KSMS-SP2 will be expected to be much smaller as well. Additionally KSMS-SP2 has an alpha of 0.312 implying that it can potentially generate 0.312% excess return over DOW after adjusting for the inherited market risk (beta).
     KSMS SP2 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.31
    β
    Beta against DOW=0.27
    σ
    Overall volatility
    =1,044
    Ir
    Information ratio =0.21

    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 Transaction History module to view history of all your transactions and understand their impact on performance.
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