Ginegar Plastic (Israel) Probability of Target Price Finishing Over Current Price

GNGR -- Israel Stock  

ILS 1,601  48.00  2.91%

Ginegar Plastic probability of target price tool provides mechanism to make assumptions about upside and downside potential of Ginegar Plastic Products Ltd performance during a given time horizon utilizing its historical volatility. Please specify Ginegar Plastic time horizon, a valid symbol (red box) and a target price (blue box) you would like Ginegar Plastic odds to be computed. Please also check Risk vs Return Analysis.
Horizon     30 Days    Login   to change
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Ginegar Plastic Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1,601 30 days 1,601  OVER 95.82%
Based on normal probability distribution, the odds of Ginegar Plastic to move above current price in 30 days from now is over 95.82% (This Ginegar Plastic Products Ltd probability density function shows the probability of Ginegar Plastic Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, the stock has beta coefficient of 1.2471 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Ginegar Plastic will likely underperform. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Ginegar Plastic Products is significantly underperforming DOW.
 Ginegar Plastic Price Density 
Alpha over DOW
Beta against DOW=1.25
Overall volatility
Information ratio =0.09

Ginegar Plastic Alerts and Suggestions

Ginegar Plastic is not yet fully synchronised with the market data
Ginegar Plastic generates negative expected return over the last 30 days
Ginegar Plastic has high historical volatility and very poor performance
Ginegar Plastic has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
GINEGAR PLASTIC has accumulated about 41.65M in cash with (2.72M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.76.
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Ginegar PlasticPrice Density Drivers

Float Shares6.51M
Average Daily Volume Last 10 Day1.15k
Average Daily Volume In Three Month3.8k