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

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CMER -- Israel Stock  

ILA 449.50  7.30  1.60%

C MER probability of target price tool provides mechanism to make assumptions about upside and downside potential of C MER INDUSTRIES 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. Continue to 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
 449.50 30 days 449.50 
roughly 96.0
Based on normal probability distribution, the odds of C MER to move above current price in 30 days from now is roughly 96.0 (This C MER INDUSTRIES 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 has beta of 0.4321 . This suggests as returns on market go up, C MER average returns are expected to increase less than the benchmark. However during bear market, the loss on holding C MER INDUSTRIES will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. C MER INDUSTRIES is significantly underperforming DOW.
 C MER Price Density 
Alpha over DOW
Beta against DOW=0.43
Overall volatility
Information ratio =0.29

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 historical volatility and very poor performance
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
The company reported revenue of 455.77 M. Net Loss for the year was (69.32 M) with profit before overhead, payroll, taxes, and interest of 86.41 M.

C MERPrice Density Drivers

Float Shares3.15M
Average Daily Volume Last 10 Day2.24k
Average Daily Volume In Three Month3.47k