ELDT P3 (Israel) Probability of Target Price Finishing Over Current Price

    ELDT-P3 -- Israel Stock  

    null 999.23  0.02  0.002%

    ELDT P3 probability of target price tool provides mechanism to make assumptions about upside and downside potential of ELDT P3 TA performance during a given time horizon utilizing its historical volatility. Please specify ELDT P3 time horizon, a valid symbol (red box) and a target price (blue box) you would like ELDT P3 odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    ELDT P3 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     999.23 30 days 999.23  ABOUT 30.2%
    Based on normal probability distribution, the odds of ELDT P3 to move above current price in 30 days from now is about 30.2% (This ELDT P3 TA probability density function shows the probability of ELDT P3 Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, ELDT P3 has beta of 0.0039 suggesting as returns on market go up, ELDT P3 average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ELDT P3 TA will be expected to be much smaller as well. Additionally ELDT P3 TA has an alpha of 0.0115 implying that it can potentially generate 0.0115% excess return over DOW after adjusting for the inherited market risk (beta).
     ELDT P3 Price Density 
          Price 
    α
    Alpha over DOW
    =0.011537
    β
    Beta against DOW=0.0039
    σ
    Overall volatility
    =0.94
    Ir
    Information ratio =1.93

    ELDT P3 Alerts

    ELDT P3 Alerts and Suggestions

    ELDT P3 TA is not yet fully synchronised with the market data
    Additionally see Investing Opportunities. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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