|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,886 ||30 days|| 1,886 || ABOUT 19.78%|
Based on normal probability distribution, the odds of Averbuch Formica to move above current price in 30 days from now is about 19.78% (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, Averbuch Formica Center Ltd has beta of -0.4308 . This suggests as returns on benchmark increase, returns on holding Averbuch Formica are expected to decrease at a much smaller rate. During bear market, however, Averbuch Formica Center Ltd is likely to outperform the market. Additionally Averbuch Formica Center Ltd has an alpha of 0.6085 implying that it can potentially generate 0.6085% excess return over DOW after adjusting for the inherited market risk (beta).
Averbuch Formica Price Density
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|Current Price || ||Target Price || |