Allium Medical (Israel) Probability of Target Price Finishing Over Current Price

ALMD -- Israel Stock  

ILS 64.50  2.30  3.44%

Allium Medical probability of target price tool provides mechanism to make assumptions about upside and downside potential of Allium Medical Solutions Ltd performance during a given time horizon utilizing its historical volatility. Please specify Allium Medical time horizon, a valid symbol (red box) and a target price (blue box) you would like Allium Medical odds to be computed. Check also Allium Medical Backtesting, Allium Medical Valuation, Allium Medical Correlation, Allium Medical Hype Analysis, Allium Medical Volatility, Allium Medical History as well as Allium Medical Performance.
Horizon     30 Days    Login   to change
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Allium Medical Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 64.50 30 days 64.50  ABOUT 78.29%
Based on normal probability distribution, the odds of Allium Medical to move above current price in 30 days from now is about 78.29% (This Allium Medical Solutions Ltd probability density function shows the probability of Allium Medical Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Allium Medical Solutions Ltd has beta of -0.6974 . This suggests as returns on benchmark increase, returns on holding Allium Medical are expected to decrease at a much smaller rate. During bear market, however, Allium Medical Solutions Ltd is likely to outperform the market. Additionally The company has an alpha of 0.0779 implying that it can potentially generate 0.0779% excess return over DOW after adjusting for the inherited market risk (beta).
 Allium Medical Price Density 
Alpha over DOW
Beta against DOW=0.7
Overall volatility
Information ratio =0.02

Allium Medical Alerts and Suggestions

Allium Medical generates negative expected return over the last 30 days
Allium Medical has high historical volatility and very poor performance
Allium Medical has high likelihood to experience some financial distress in the next 2 years
The company reported revenue of 9.28M. Net Loss for the year was (20.18M) with profit before overhead, payroll, taxes, and interest of 3.18M.
ALLIUM MEDIC SOLU has accumulated about 16.76M in cash with (16.02M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.21.

Allium MedicalPrice Density Drivers

Float Shares56.39M
Average Daily Volume Last 10 Day137.5k
Average Daily Volume In Three Month379.08k