Inter Industries (Israel) Probability of Future Stock Price Finishing Over 290.10
| ININ Stock | ILS 290.10 1.50 0.51% |
Inter |
Inter Industries Target Price Odds to finish over 290.10
The tendency of Inter 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 move above the current price in 90 days |
| 290.10 | 90 days | 290.10 | about 21.2 |
Based on a normal probability distribution, the odds of Inter Industries to move above the current price in 90 days from now is about 21.2 (This Inter Industries probability density function shows the probability of Inter Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Inter Industries has a beta of -1.35. This usually indicates as returns on its benchmark rise, returns on holding Inter Industries are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Inter Industries is expected to outperform its benchmark. Additionally Inter Industries has an alpha of 0.244, implying that it can generate a 0.24 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Inter Industries Price Density |
| Price |
Predictive Modules for Inter 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 Inter 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 Inter 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.
Inter Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Inter Industries is not an exception. The market had few large corrections towards the Inter 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 Inter Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Inter Industries within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.24 | |
β | Beta against NYSE Composite | -1.35 | |
σ | Overall volatility | 18.99 | |
Ir | Information ratio | 0.02 |
Inter 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 Inter Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Inter 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.| Inter Industries had very high historical volatility over the last 90 days | |
| Inter Industries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 670.95 M. Net Loss for the year was (1.59 M) with profit before overhead, payroll, taxes, and interest of 47.36 M. | |
| About 36.0% of the company shares are held by company insiders |
Inter Industries Technical Analysis
Inter Industries' future price can be derived by breaking down and analyzing its technical indicators over time. Inter Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Inter Industries. In general, you should focus on analyzing Inter Stock price patterns and their correlations with different microeconomic environments and drivers.
Inter Industries Predictive Forecast Models
Inter Industries' time-series forecasting models is one of many Inter 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 Inter 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 Inter Industries
Checking the ongoing alerts about Inter Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Inter Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Inter Industries had very high historical volatility over the last 90 days | |
| Inter Industries has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 670.95 M. Net Loss for the year was (1.59 M) with profit before overhead, payroll, taxes, and interest of 47.36 M. | |
| About 36.0% of the company shares are held by company insiders |
Check out Inter Industries Backtesting, Inter Industries Valuation, Inter Industries Correlation, Inter Industries Hype Analysis, Inter Industries Volatility, Inter Industries History as well as Inter Industries Performance. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Inter Stock analysis
When running Inter Industries' price analysis, check to measure Inter 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 Inter Industries is operating at the current time. Most of Inter Industries' value examination focuses on studying past and present price action to predict the probability of Inter Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inter Industries' price. Additionally, you may evaluate how the addition of Inter Industries to your portfolios can decrease your overall portfolio volatility.
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |