Africa Israel (Israel) Probability of Target Price Finishing Over Current Price

    AFRE -- Israel Stock  

    ILS 6,213  93.00  1.52%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     6,213 30 days 6,213  ABOUT 40.06%
    Based on normal probability distribution, the odds of Africa Israel to move above current price in 30 days from now is about 40.06% (This Africa Israel Residences Ltd probability density function shows the probability of Africa Israel Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Africa Israel has beta of 0.0902 . This suggests as returns on market go up, Africa Israel average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Africa Israel Residences Ltd will be expected to be much smaller as well. Additionally Africa Israel Residences Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Africa Israel Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.09
    σ
    Overall volatility
    =102.55
    Ir
    Information ratio =0.13

    Africa Israel Alerts

    Africa Israel Alerts and Suggestions

    Africa Israel is not yet fully synchronised with the market data
    Africa Israel generates negative expected return over the last 30 days
    Africa Israel has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
    AFRICA RESIDENCES has accumulated about 254.37 M in cash with (148.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.12.
    Check also Trending Equities. Please also try Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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