C Mer (Israel) Probability of Target Price Finishing Over Current Price

    CMER -- Israel Stock  

    ILS 1,494  6.00  0.40%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,494 30 days 1,494  OVER 95.51%
    Based on normal probability distribution, the odds of C Mer to move above current price in 30 days from now is over 95.51% (This C Mer Industries Ltd probability density function shows the probability of C Mer Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, C Mer Industries Ltd has beta of -0.2031 . This suggests as returns on benchmark increase, returns on holding C Mer are expected to decrease at a much smaller rate. During bear market, however, C Mer Industries Ltd is likely to outperform the market. Additionally C Mer Industries Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     C Mer Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.23
    β
    Beta against DOW=0.2
    σ
    Overall volatility
    =36.87
    Ir
    Information ratio =0.1

    C Mer Alerts

    C Mer Alerts and Suggestions

    C Mer Industries is not yet fully synchronised with the market data
    C Mer Industries generates negative expected return over the last 30 days
    C Mer Industries has high likelihood to experience some financial distress in the next 2 years
    C Mer Industries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
    C.MER INDUSTRIES has accumulated about 44.95 M in cash with (21.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.44.
    Check also Trending Equities. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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