Inrom Construction (Israel) Probability of Target Price Finishing Over Current Price

INRM -- Israel Stock  

ILS 1,197  29.00  2.48%

Inrom Construction probability of target price tool provides mechanism to make assumptions about upside and downside potential of Inrom Construction Industries Ltd performance during a given time horizon utilizing its historical volatility. Please specify Inrom Construction time horizon, a valid symbol (red box) and a target price (blue box) you would like Inrom Construction odds to be computed. Please also check Inrom Construction Backtesting, Inrom Construction Valuation, Inrom Construction Correlation, Inrom Construction Hype Analysis, Inrom Construction Volatility, Inrom Construction History as well as Inrom Construction Performance.
Horizon     30 Days    Login   to change
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Inrom Construction Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1,197 30 days 1,197  ROUGHLY 96.0%
Based on normal probability distribution, the odds of Inrom Construction to move above current price in 30 days from now is roughly 96.0% (This Inrom Construction Industries Ltd probability density function shows the probability of Inrom Construction Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Inrom Construction has beta of 0.2989 . This indicates as returns on market go up, Inrom Construction average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Inrom Construction Industries Ltd will be expected to be much smaller as well. Additionally Inrom Construction Industries Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Inrom Construction Price Density 
      Price 
α
Alpha over DOW
=0.29
β
Beta against DOW=0.30
σ
Overall volatility
=64.15
Ir
Information ratio =0.1

Inrom Construction Alerts

Inrom Construction Alerts and Suggestions

Inrom Construction generates negative expected return over the last 30 days
Inrom Construction has accumulated S231.37 Million in debt which can lead to volatile earnings

Price Density Drivers

Inrom Construction Health Indicators

Trailing Annual Dividend Rate1.03
Float Shares97.45M
Average Daily Volume Last 10 Day152.03k
Average Daily Volume In Three Month121.92k
Trailing Annual Dividend Yield0.09%
Please also check Inrom Construction Backtesting, Inrom Construction Valuation, Inrom Construction Correlation, Inrom Construction Hype Analysis, Inrom Construction Volatility, Inrom Construction History as well as Inrom Construction Performance. Please also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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