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

BRIN -- Israel Stock  

ILS 2,411  11.00  0.45%

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 Brainsway Ltd Backtesting, Brainsway Ltd Valuation, Brainsway Ltd Correlation, Brainsway Ltd Hype Analysis, Brainsway Ltd Volatility, Brainsway Ltd History as well as Brainsway Ltd Performance.
Horizon     30 Days    Login   to change
Symbol:
Refresh Odds

Brainsway Ltd Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 2,411 30 days 2,411  ABOUT 55.13%
Based on normal probability distribution, the odds of Brainsway Ltd to move above current price in 30 days from now is about 55.13% (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 -0.6254 . This suggests as returns on benchmark increase, returns on holding Brainsway Ltd are expected to decrease at a much smaller rate. During bear market, however, Brainsway Ltd is likely to outperform the market. Additionally Brainsway Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Brainsway Ltd Price Density 
      Price 
α
Alpha over DOW
=0.09
β
Beta against DOW=0.63
σ
Overall volatility
=130.99
Ir
Information ratio =0.030246

Brainsway Ltd Alerts

Brainsway Ltd Alerts and Suggestions

Brainsway Ltd has very high historical volatility over the last 30 days
The company reported revenue of 15.23M. Net Loss for the year was (7.12M) with profit before overhead, payroll, taxes, and interest of 8.55M.
BRAINSWAY has accumulated about 10.62M in cash with (3.28M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.65.

Price Density Drivers

Brainsway Ltd Health Indicators

Float Shares10.93M
Average Daily Volume Last 10 Day20.85k
Average Daily Volume In Three Month43.88k
Check also Brainsway Ltd Backtesting, Brainsway Ltd Valuation, Brainsway Ltd Correlation, Brainsway Ltd Hype Analysis, Brainsway Ltd Volatility, Brainsway Ltd History as well as Brainsway Ltd Performance. Please also try Instant Ratings module to determine any equity ratings based on digital recommendations. macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Search macroaxis.com