|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 1,499 ||30 days|| 1,499 || ABOUT 7.13%|
Based on normal probability distribution, the odds of BioLight Life to move above current price in 30 days from now is about 7.13% (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 has beta of 0.1371 . This suggests as returns on market go up, BioLight Life average returns are expected to increase less than the benchmark. However during bear market, the loss on holding BioLight Life Sciences Ltd will be expected to be much smaller as well. Additionally BioLight Life Sciences Ltd has an alpha of 0.1371 implying that it can potentially generate 0.1371% excess return over DOW after adjusting for the inherited market risk (beta).
BioLight Life Price Density