Aviation Links (Israel) Probability of Target Price Finishing Over Current Price

AVIA -- Israel Stock  

ILS 977.60  2.30  0.23%

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

Aviation Links Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 977.60 30 days 977.60  ABOUT 56.57%
Based on normal probability distribution, the odds of Aviation Links to move above current price in 30 days from now is about 56.57% (This Aviation Links Ltd probability density function shows the probability of Aviation Links Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Aviation Links Ltd has beta of -0.0246 . This suggests as returns on benchmark increase, returns on holding Aviation Links are expected to decrease at a much smaller rate. During bear market, however, Aviation Links Ltd is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Aviation Links is significantly underperforming DOW.
 Aviation Links Price Density 
      Price 
α
Alpha over DOW
=0.23
β
Beta against DOW=0.02
σ
Overall volatility
=52.29
Ir
Information ratio =0.12

Aviation Links Alerts

Aviation Links Alerts and Suggestions

Aviation Links is not yet fully synchronised with the market data
Aviation Links generates negative expected return over the last 30 days
The company has S17.92 Million in debt which may indicate that it relies heavily on debt financing

Price Density Drivers

Aviation Links Health Indicators

Float Shares1.42M
Average Daily Volume Last 10 Day39
Average Daily Volume In Three Month1.7k
Check also Trending Equities. Please also try Crypto Portfolio Optimizer module to optimize portfolio of digital coins and token across multiple currency and exchanges.
Search macroaxis.com