|Current Price||Horizon||Target Price||Odds 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