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

    CRMT -- Israel Stock  

    ILS 968.00  33.60  3.60%

    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 Trending Equities.
    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
     968.00 30 days 968.00  ABOUT 15.77%
    Based on normal probability distribution, the odds of Carmit Candy to move above current price in 30 days from now is about 15.77% (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 -0.5888 . 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 The company has an alpha of 0.1593 implying that it can potentially generate 0.1593% excess return over DOW after adjusting for the inherited market risk (beta).
     Carmit Candy Price Density 
          Price 
    α
    Alpha over DOW
    =0.16
    β
    Beta against DOW=0.59
    σ
    Overall volatility
    =58.14
    Ir
    Information ratio =0.017568

    Carmit Candy Alerts

    Carmit Candy Alerts and Suggestions

    Carmit Candy is not yet fully synchronised with the market data
    Carmit Candy appears to be very risky and stock price may revert if volatility continues

    Price Density Drivers

    Carmit Candy Health Indicators

    Trailing Annual Dividend Rate0.22
    Float Shares1.82M
    Average Daily Volume Last 10 Day452
    Average Daily Volume In Three Month532
    Trailing Annual Dividend Yield0.02%
    Check also Trending Equities. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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