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

AVIA -- Israel Stock  

ILS 1,044  96.00  8.42%

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 Aviation Links Backtesting, Aviation Links Valuation, Aviation Links Correlation, Aviation Links Hype Analysis, Aviation Links Volatility, Aviation Links History as well as Aviation Links Performance.
Horizon     30 Days    Login   to change
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Aviation Links Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1,044 30 days 1,044  OVER 95.74%
Based on normal probability distribution, the odds of Aviation Links to move above current price in 30 days from now is over 95.74% (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 has beta of 0.6506 . This suggests as returns on market go up, Aviation Links average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Aviation Links Ltd will be expected to be much smaller as well. Additionally Aviation Links Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Aviation Links Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.33
β
Beta against DOW=0.65
σ
Overall volatility
=32.96
Ir
Information ratio =0.12

Aviation Links Alerts

Aviation Links Alerts and Suggestions

Aviation Links generates negative expected return over the last 30 days
Aviation Links has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
AVIATION LINKS has accumulated about 2.94 M in cash with (1.65 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38.
Check also Aviation Links Backtesting, Aviation Links Valuation, Aviation Links Correlation, Aviation Links Hype Analysis, Aviation Links Volatility, Aviation Links History as well as Aviation Links Performance. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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