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

    AVER -- Israel Stock  

    ILS 1,886  29.00  1.51%

    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
     1,886 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.61
    β
    Beta against DOW=0.43
    σ
    Overall volatility
    =78.33
    Ir
    Information ratio =0.28

    Averbuch Formica Alerts

    Averbuch Formica Alerts and Suggestions

    Averbuch Formica is not yet fully synchronised with the market data
    The company has accumulated 16.91 M in total debt with debt to equity ratio (D/E) of 20.6 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Averbuch Formica Center Ltd has Current Ratio of 0.79 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
    Check also Trending Equities. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.
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