ELDT P4 (Israel) Probability of Target Price Finishing Over Current Price

    ELDT-P4 -- Israel Stock  

    null 993.13  0.00  0.00%

    ELDT P4 probability of target price tool provides mechanism to make assumptions about upside and downside potential of ELDT P4 TA performance during a given time horizon utilizing its historical volatility. Please specify ELDT P4 time horizon, a valid symbol (red box) and a target price (blue box) you would like ELDT P4 odds to be computed. Additionally see Investing Opportunities.
    Horizon     30 Days    Login   to change
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    ELDT P4 Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     993.13 30 days 993.13  ABOUT 32.8%
    Based on normal probability distribution, the odds of ELDT P4 to move above current price in 30 days from now is about 32.8% (This ELDT P4 TA probability density function shows the probability of ELDT P4 Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, ELDT P4 TA has beta of -0.107 suggesting as returns on benchmark increase, returns on holding ELDT P4 are expected to decrease at a much smaller rate. During bear market, however, ELDT P4 TA is likely to outperform the market. Additionally ELDT P4 TA has an alpha of 0.1134 implying that it can potentially generate 0.1134% excess return over DOW after adjusting for the inherited market risk (beta).
     ELDT P4 Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.11
    β
    Beta against DOW=0.11
    σ
    Overall volatility
    =3.41
    Ir
    Information ratio =0.64

    ELDT P4 Alerts

    ELDT P4 Alerts and Suggestions

    ELDT P4 TA is not yet fully synchronised with the market data
    Additionally see Investing Opportunities. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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