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

CRMT -- Israel Stock  

ILS 963.60  35.60  3.84%

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
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Carmit Candy Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 963.60 30 days 963.60  ABOUT 72.58%
Based on normal probability distribution, the odds of Carmit Candy to move above current price in 30 days from now is about 72.58% (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 has beta of 0.418 . This suggests as returns on market go up, Carmit Candy average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Carmit Candy Industries Ltd will be expected to be much smaller as well. 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 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.0082
β
Beta against DOW=0.42
σ
Overall volatility
=31.81
Ir
Information ratio =0.008969

Carmit Candy Alerts

Carmit Candy Alerts and Suggestions

Carmit Candy generates negative expected return over the last 30 days
Carmit Candy has high historical volatility and very poor performance
Latest headline from theindustrytoday.com: Global Chocolate-flavored Candy Market 2018 Analysis HERSHEYS, Carmit Candy Industries, Colombina SA ...

Price Density Drivers

Carmit Candy Health Indicators

Float Shares1.82M
Average Daily Volume Last 10 Day923
Average Daily Volume In Three Month659
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 Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
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