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

CMER -- Israel Stock  

ILS 1,358  2.00  0.15%

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
 1,358 30 days 1,358  UNDER 95%
Based on normal probability distribution, the odds of C Mer to move above current price in 30 days from now is under 95% (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 has beta of 0.3037 . 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 Ltd will be expected to be much smaller as well. 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 
      Price 
α
Alpha over DOW
=0.3
β
Beta against DOW=0.30
σ
Overall volatility
=90.26
Ir
Information ratio =0.08

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
The company reported revenue of 641.25M. Net Loss for the year was (12.1M) with profit before overhead, payroll, taxes, and interest of 119.65M.
C.MER INDUSTRIES has accumulated about 30.41M in cash with (49.49M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.3.

Price Density Drivers

C Mer Health Indicators

Float Shares3.19M
Average Daily Volume Last 10 Day1.4k
Average Daily Volume In Three Month2.83k
Check also Trending Equities. Please also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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