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

    AVER -- Israel Stock  

    ILS 1,880  3.00  0.16%

    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
     1,880 30 days 1,880  ABOUT 22.39%
    Based on normal probability distribution, the odds of Averbuch Formica to move above current price in 30 days from now is about 22.39% (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 has beta of 0.0323 . This suggests as returns on market go up, Averbuch Formica average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Averbuch Formica Center Ltd will be expected to be much smaller as well. Additionally Averbuch Formica Center Ltd has an alpha of 0.26 implying that it can potentially generate 0.26% excess return over DOW after adjusting for the inherited market risk (beta).
     Averbuch Formica Price Density 
          Price 
    α
    Alpha over DOW
    =0.26
    β
    Beta against DOW=0.0323
    σ
    Overall volatility
    =72.62
    Ir
    Information ratio =0.16

    Averbuch Formica Alerts

    Averbuch Formica Alerts and Suggestions

    Averbuch Formica is not yet fully synchronised with the market data
    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 Ltd 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 Shares498.47k
    Average Daily Volume Last 10 Day3.08k
    Average Daily Volume In Three Month1.68k
    Trailing Annual Dividend Yield0.04%
    Check also Trending Equities. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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