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

INRM -- Israel Stock  

ILS 1,299  7.00  0.54%

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
 1,299 30 days 1,299  ROUGHLY 2.2%
Based on normal probability distribution, the odds of Inrom Construction to move above current price in 30 days from now is roughly 2.2% (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 Industries Ltd has beta of -0.0058 . This indicates as returns on benchmark increase, returns on holding Inrom Construction are expected to decrease at a much smaller rate. During bear market, however, Inrom Construction Industries Ltd is likely to outperform the market. Additionally The company has an alpha of 0.4069 implying that it can potentially generate 0.4069% excess return over DOW after adjusting for the inherited market risk (beta).
 Inrom Construction Price Density 
      Price 
α
Alpha over DOW
=0.41
β
Beta against DOW=0.0058
σ
Overall volatility
=51.57
Ir
Information ratio =0.14

Inrom Construction Alerts and Suggestions

Inrom Construction has accumulated S221.17 Million in debt which can lead to volatile earnings
On April 2, 2019 Inrom Construction paid S 17.6446 per share dividend to its current shareholders

Inrom ConstructionPrice Density Drivers

Trailing Annual Dividend Rate0.98
Float Shares108.78M
Average Daily Volume Last 10 Day93.91k
Average Daily Volume In Three Month140.27k
Trailing Annual Dividend Yield0.08%
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