Arena Star (Israel) Probability of Target Price Finishing Over Current Price

ARNA -- Israel Stock  

ILS 1.90  0.00  0.00%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1.90 30 days 1.90  ABOUT 81.41%
Based on normal probability distribution, the odds of Arena Star to move above current price in 30 days from now is about 81.41% (This Arena Star Group Ltd probability density function shows the probability of Arena Star Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Arena Star Group Ltd has beta of -0.5251 . This suggests as returns on benchmark increase, returns on holding Arena Star are expected to decrease at a much smaller rate. During bear market, however, Arena Star Group Ltd is likely to outperform the market. Additionally Arena Star Group Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Arena Star Price Density 
      Price 
α
Alpha over DOW
=0.01
β
Beta against DOW=0.53
σ
Overall volatility
=0.10
Ir
Information ratio =0.06

Arena Star Alerts

Arena Star Alerts and Suggestions

Arena Star Group is not yet fully synchronised with the market data
Arena Star Group generates negative expected return over the last 30 days
Arena Star Group may become a speculative penny stock
Arena Star Group has high historical volatility and very poor performance
Arena Star Group has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 757.79M in total debt. Arena Star Group Ltd has Current Ratio of 0.1 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
This company reported revenue of 85.39M. Net Loss for the year was (43.93M) with profit before overhead, payroll, taxes, and interest of 55.95M.
Latest headline from dminute.com: Eaton Plc Valuation Declined While Meyer Handelman Co Cut by 344,000 Its Holding General Electric Co Holder Intersect Capital Has Lowered Stake by 338,602 as Share Value Declined - D Minute

Price Density Drivers

Arena Star Health Indicators

Float Shares308.98M
Average Daily Volume Last 10 Day63.57k
Average Daily Volume In Three Month215.06k
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