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

BRIN -- Israel Stock  

ILS 2,450  35.00  1.45%

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
 2,450 30 days 2,450  ABOUT 69.74%
Based on normal probability distribution, the odds of Brainsway Ltd to move above current price in 30 days from now is about 69.74% (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 -0.9329 . This suggests Additionally Brainsway Ltd has an alpha of 0.0743 implying that it can potentially generate 0.0743% excess return over DOW after adjusting for the inherited market risk (beta).
 Brainsway Ltd Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.07
β
Beta against DOW=0.93
σ
Overall volatility
=114.05
Ir
Information ratio =0.14

Brainsway Ltd Alerts

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 13.95 M. Net Loss for the year was (7.47 M) with profit before overhead, payroll, taxes, and interest of 8.55 M.
BRAINSWAY has accumulated about 11.61 M in cash with (3.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.76.
Latest headline from lakenormanreview.com: Brainsway Ltd. Revealing 0.29038 Growth Year Over Year

Price Density Drivers

Brainsway Ltd Health Indicators

Float Shares9.89M
Average Daily Volume Last 10 Day36.03k
Average Daily Volume In Three Month73.6k
Check also Trending Equities. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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