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

ECJM -- Israel Stock  

ILS 1,017  1.00  0.1%

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
 1,017 30 days 1,017  ABOUT 37.1%
Based on normal probability distribution, the odds of Jerusalem Economy to move above current price in 30 days from now is about 37.1% (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 Ltd has beta of -0.0705 suggesting as returns on benchmark increase, returns on holding Jerusalem Economy are expected to decrease at a much smaller rate. During bear market, however, Jerusalem Economy Ltd is likely to outperform the market. Additionally Jerusalem Economy Ltd has an alpha of 0.1203 implying that it can potentially generate 0.1203% excess return over DOW after adjusting for the inherited market risk (beta).
 Jerusalem Economy Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.12
β
Beta against DOW=0.07
σ
Overall volatility
=28.40
Ir
Information ratio =0.26

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
Additionally see Investing Opportunities. Please also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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