Carmit Candy (Israel) Probability of Target Price Finishing Over Current Price

CRMT -- Israel Stock  

ILS 934.20  0.00  0.00%

Carmit Candy probability of target price tool provides mechanism to make assumptions about upside and downside potential of Carmit Candy Industries Ltd performance during a given time horizon utilizing its historical volatility. Please specify Carmit Candy time horizon, a valid symbol (red box) and a target price (blue box) you would like Carmit Candy odds to be computed. Check also Carmit Candy Backtesting, Carmit Candy Valuation, Carmit Candy Correlation, Carmit Candy Hype Analysis, Carmit Candy Volatility, Carmit Candy History as well as Carmit Candy Performance.
Horizon     30 Days    Login   to change
Symbol:
Refresh Odds

Carmit Candy Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 934.20 30 days 934.20  ABOUT 69.92%
Based on normal probability distribution, the odds of Carmit Candy to move above current price in 30 days from now is about 69.92% (This Carmit Candy Industries Ltd probability density function shows the probability of Carmit Candy Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Carmit Candy Industries Ltd has beta of -0.3935 . This suggests as returns on benchmark increase, returns on holding Carmit Candy are expected to decrease at a much smaller rate. During bear market, however, Carmit Candy Industries Ltd is likely to outperform the market. Additionally Carmit Candy Industries Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Carmit Candy Price Density 
      Price 
α
Alpha over DOW
=0.25
β
Beta against DOW=0.39
σ
Overall volatility
=44.80
Ir
Information ratio =0.0064

Carmit Candy Alerts

Carmit Candy Alerts and Suggestions

Carmit Candy generates negative expected return over the last 30 days

Price Density Drivers

Carmit Candy Health Indicators

Float Shares1.82M
Average Daily Volume Last 10 Day324
Average Daily Volume In Three Month371
Check also Carmit Candy Backtesting, Carmit Candy Valuation, Carmit Candy Correlation, Carmit Candy Hype Analysis, Carmit Candy Volatility, Carmit Candy History as well as Carmit Candy Performance. Please also try Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Search macroaxis.com