APPLY ADVANCED (Israel) Probability of Target Price Finishing Over Current Price

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APLY -- Israel Stock  

ILA 82.20  2.20  2.61%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 82.20 30 days 82.20 
about 40.01
Based on normal probability distribution, the odds of APPLY ADVANCED to move above current price in 30 days from now is about 40.01 (This APPLY ADVANCED probability density function shows the probability of APPLY ADVANCED Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, APPLY ADVANCED has beta of 0.0624 . This suggests as returns on market go up, APPLY ADVANCED average returns are expected to increase less than the benchmark. However during bear market, the loss on holding APPLY ADVANCED will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. APPLY ADVANCED is significantly underperforming DOW.
 APPLY ADVANCED Price Density 
    
  Price 
α
Alpha over DOW
=0.16
β
Beta against DOW=0.06
σ
Overall volatility
=9.13
Ir
Information ratio =0.05

APPLY ADVANCED Alerts and Suggestions

APPLY ADVANCED is not yet fully synchronised with the market data
APPLY ADVANCED appears to be very risky and stock price may revert if volatility continues
The company reported revenue of 8.64 M. Net Loss for the year was (6.44 M) with profit before overhead, payroll, taxes, and interest of 2.72 M.
APPLY has accumulated about 2.59 M in cash with (5.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.

APPLY ADVANCEDPrice Density Drivers

Float Shares6.65M
Average Daily Volume Last 10 Day772.69k
Average Daily Volume In Three Month346.71k