Brainsway Ltd (Israel) Probability of Target Price Finishing Over Current Price

BRIN -- Israel Stock  

ILS 1,984  4.00  0.20%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1,984 30 days 1,984  ABOUT 91.7%
Based on normal probability distribution, the odds of Brainsway Ltd to move above current price in 30 days from now is about 91.7% (This Brainsway Ltd probability density function shows the probability of Brainsway Ltd Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Brainsway Ltd has beta of -0.8581 . This suggests Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Brainsway Ltd is significantly underperforming DOW.
 Brainsway Ltd Price Density 
Alpha over DOW
Beta against DOW=0.86
Overall volatility
Information ratio =0.15

Brainsway Ltd Alerts and Suggestions

Brainsway Ltd is not yet fully synchronised with the market data
Brainsway Ltd generates negative expected return over the last 30 days
Brainsway Ltd has high historical volatility and very poor performance
The company reported revenue of 16.4M. Net Loss for the year was (6.48M) with profit before overhead, payroll, taxes, and interest of 8.55M.
BRAINSWAY has accumulated about 9.07M in cash with (3.77M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.55.

Brainsway LtdPrice Density Drivers

Float Shares11.07M
Average Daily Volume Last 10 Day44.18k
Average Daily Volume In Three Month48.08k