I have one EMD, What are my chances of ranking for that keyword?

The keyword stats are

560 monthly searches and the competition is 0.63

submitted by /u/SmoothVeterinarian
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from Search Engine Optimization: The Latest SEO News https://www.reddit.com/r/SEO/comments/9t6tvy/i_have_one_emd_what_are_my_chances_of_ranking_for/>