Jerusalem Economy (Israel) Probability of Target Price Finishing Over Current Price

ECJM -- Israel Stock  

ILS 985.60  4.20  0.42%

Jerusalem Economy probability of target price tool provides mechanism to make assumptions about upside and downside potential of Jerusalem Economy Ltd performance during a given time horizon utilizing its historical volatility. Please specify Jerusalem Economy time horizon, a valid symbol (red box) and a target price (blue box) you would like Jerusalem Economy odds to be computed. Additionally see Investing Opportunities.
Horizon     30 Days    Login   to change
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Jerusalem Economy Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 985.60 30 days 985.60  ABOUT 89.14%
Based on normal probability distribution, the odds of Jerusalem Economy to move above current price in 30 days from now is about 89.14% (This Jerusalem Economy Ltd probability density function shows the probability of Jerusalem Economy Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Jerusalem Economy has beta of 0.0557 suggesting as returns on market go up, Jerusalem Economy average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Jerusalem Economy Ltd will be expected to be much smaller as well. Additionally Jerusalem Economy Ltd has an alpha of 0.1052 implying that it can potentially generate 0.1052% excess return over DOW after adjusting for the inherited market risk (beta).
 Jerusalem Economy Price Density 
      Price 
α
Alpha over DOW
=0.11
β
Beta against DOW=0.06
σ
Overall volatility
=19.30
Ir
Information ratio =0.12

Jerusalem Economy Alerts

Jerusalem Economy Alerts and Suggestions

Jerusalem Economy is not yet fully synchronised with the market data
Jerusalem Economy generates negative expected return over the last 30 days
Jerusalem Economy has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations

Price Density Drivers

Jerusalem Economy Health Indicators

Trailing Annual Dividend Rate2.05
Float Shares208.31M
Average Daily Volume Last 10 Day229.23k
Average Daily Volume In Three Month313.74k
Trailing Annual Dividend Yield0.21%
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