Averbuch Formica (Israel) Probability of Target Price Finishing Over Current Price

AVER -- Israel Stock  

ILS 1,900  70.00  3.55%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1,900 30 days 1,900  ABOUT 54.88%
Based on normal probability distribution, the odds of Averbuch Formica to move above current price in 30 days from now is about 54.88% (This Averbuch Formica Center Ltd probability density function shows the probability of Averbuch Formica Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, the stock has beta coefficient of 1.4159 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Averbuch Formica will likely underperform. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Averbuch Formica Center is significantly underperforming DOW.
 Averbuch Formica Price Density 
      Price 
α
Alpha over DOW
=0.03
β
Beta against DOW=1.42
σ
Overall volatility
=116.63
Ir
Information ratio =0.00309

Averbuch Formica Alerts

Averbuch Formica Alerts and Suggestions

Averbuch Formica is not yet fully synchronised with the market data
Averbuch Formica has very high historical volatility over the last 30 days
The company has accumulated 15.65M in total debt with debt to equity ratio (D/E) of 18.5 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Averbuch Formica Center has Current Ratio of 0.89 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

Price Density Drivers

Averbuch Formica Health Indicators

Trailing Annual Dividend Rate0.83
Float Shares518.33k
Average Daily Volume Last 10 Day502
Average Daily Volume In Three Month1.99k
Trailing Annual Dividend Yield0.04%
Check also Trending Equities. Please also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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