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APPLY Probability of Target Price Finishing Over 84.4

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APLY -- Israel Stock  

ILA 74.80  1.90  2.48%

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.
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APPLY ADVANCED Target Price Odds to finish over 84.4

Current PriceHorizonTarget PriceOdds to move over  84.40  or more in 30 days
 74.80 30 days 84.40 
about 27.97
Based on normal probability distribution, the odds of APPLY ADVANCED to move over  84.40  or more in 30 days from now is about 27.97 (This APPLY ADVANCED probability density function shows the probability of APPLY ADVANCED Stock to fall within a particular range of prices over 30 days) . Probability of APPLY ADVANCED price to stay between its current price of  74.80  and  84.40  at the end of the 30-day period is about 42.31 .
Assuming 30 trading days horizon, APPLY ADVANCED has beta of -0.188 . This suggests as returns on benchmark increase, returns on holding APPLY ADVANCED are expected to decrease at a much smaller rate. During bear market, however, APPLY ADVANCED is likely to outperform the market. Additionally The company has an alpha of 0.2143 implying that it can potentially generate 0.2143% excess return over DOW after adjusting for the inherited market risk (beta).
 APPLY ADVANCED Price Density 
    
  Price 
α
Alpha over DOW
=0.21
β
Beta against DOW=0.19
σ
Overall volatility
=8.60
Ir
Information ratio =0.08

APPLY ADVANCED Alerts and Suggestions

APPLY ADVANCED is not yet fully synchronised with the market data
APPLY ADVANCED generates negative expected return over the last 30 days
APPLY ADVANCED has high historical volatility and very poor performance
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 Day18k
Average Daily Volume In Three Month344.14k