IMCO Industries (Israel) Probability of Future Stock Price Finishing Over 1115.75
| IMCO Stock | ILS 2,626 25.00 0.96% |
IMCO |
IMCO Industries Target Price Odds to finish over 1115.75
The tendency of IMCO Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above S 1,116 in 90 days |
| 2,626 | 90 days | 1,116 | close to 99 |
Based on a normal probability distribution, the odds of IMCO Industries to stay above S 1,116 in 90 days from now is close to 99 (This IMCO Industries probability density function shows the probability of IMCO Stock to fall within a particular range of prices over 90 days) . Probability of IMCO Industries price to stay between S 1,116 and its current price of S2626.0 at the end of the 90-day period is about 61.44 .
Assuming the 90 days trading horizon IMCO Industries has a beta of 0.36. This usually indicates as returns on the market go up, IMCO Industries average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding IMCO Industries will be expected to be much smaller as well. Additionally IMCO Industries has an alpha of 0.6684, implying that it can generate a 0.67 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). IMCO Industries Price Density |
| Price |
Predictive Modules for IMCO Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as IMCO Industries. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IMCO Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
IMCO Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. IMCO Industries is not an exception. The market had few large corrections towards the IMCO Industries' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold IMCO Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of IMCO Industries within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.67 | |
β | Beta against NYSE Composite | 0.36 | |
σ | Overall volatility | 323.88 | |
Ir | Information ratio | 0.18 |
IMCO Industries Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of IMCO Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for IMCO Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| IMCO Industries has accumulated about 8.27 M in cash with (8.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.65. | |
| Roughly 72.0% of the company shares are held by company insiders |
IMCO Industries Technical Analysis
IMCO Industries' future price can be derived by breaking down and analyzing its technical indicators over time. IMCO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of IMCO Industries. In general, you should focus on analyzing IMCO Stock price patterns and their correlations with different microeconomic environments and drivers.
IMCO Industries Predictive Forecast Models
IMCO Industries' time-series forecasting models is one of many IMCO Industries' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary IMCO Industries' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about IMCO Industries
Checking the ongoing alerts about IMCO Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for IMCO Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| IMCO Industries has accumulated about 8.27 M in cash with (8.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.65. | |
| Roughly 72.0% of the company shares are held by company insiders |
Check out IMCO Industries Backtesting, IMCO Industries Valuation, IMCO Industries Correlation, IMCO Industries Hype Analysis, IMCO Industries Volatility, IMCO Industries History as well as IMCO Industries Performance. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for IMCO Stock analysis
When running IMCO Industries' price analysis, check to measure IMCO Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IMCO Industries is operating at the current time. Most of IMCO Industries' value examination focuses on studying past and present price action to predict the probability of IMCO Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IMCO Industries' price. Additionally, you may evaluate how the addition of IMCO Industries to your portfolios can decrease your overall portfolio volatility.
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