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

    ALMD -- Israel Stock  

    ILS 120.50  2.40  2.03%

    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 Trending Equities.
    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
     120.50 30 days 120.50  ABOUT 67.77%
    Based on normal probability distribution, the odds of Allium Medical to move above current price in 30 days from now is about 67.77% (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 -0.1438 . 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 Allium Medical Solutions Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Allium Medical Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.42
    β
    Beta against DOW=0.14
    σ
    Overall volatility
    =5.96
    Ir
    Information ratio =0.11

    Allium Medical Alerts

    Allium Medical Alerts and Suggestions

    Allium Medical is not yet fully synchronised with the market data
    The company reported revenue of 7.7 M. Net Loss for the year was (22.68 M) with profit before overhead, payroll, taxes, and interest of 2.02 M.
    ALLIUM MEDIC SOLU has accumulated about 22.95 M in cash with (18.42 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32.
    Check also Trending Equities. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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