BioLight Life (Israel) Probability of Target Price Finishing Over Current Price

    BOLT -- Israel Stock  

    ILS 1,367  3.00  0.22%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,367 30 days 1,367  ABOUT 60.57%
    Based on normal probability distribution, the odds of BioLight Life to move above current price in 30 days from now is about 60.57% (This BioLight Life Sciences Ltd probability density function shows the probability of BioLight Life Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, BioLight Life Sciences Ltd has beta of -0.4805 . This suggests as returns on benchmark increase, returns on holding BioLight Life are expected to decrease at a much smaller rate. During bear market, however, BioLight Life Sciences Ltd is likely to outperform the market. Additionally The company has an alpha of 0.0964 implying that it can potentially generate 0.0964% excess return over DOW after adjusting for the inherited market risk (beta).
     BioLight Life Price Density 
          Price 
    α
    Alpha over DOW
    =0.1
    β
    Beta against DOW=0.48
    σ
    Overall volatility
    =80.43
    Ir
    Information ratio =0.00020182

    BioLight Life Alerts

    BioLight Life Alerts and Suggestions

    BioLight Life is not yet fully synchronised with the market data
    BioLight Life generates negative expected return over the last 30 days
    BioLight Life has high historical volatility and very poor performance
    BIO LIGHT ISR LFE has accumulated about 47.99M in cash with (25.3M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.42.

    Price Density Drivers

    BioLight Life Health Indicators

    Float Shares3.15M
    Average Daily Volume Last 10 Day3.82k
    Average Daily Volume In Three Month2.47k
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