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

    INRM -- Israel Stock  

    ILS 1,398  8.00  0.58%

    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 Risk vs Return Analysis.
    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
     1,398 30 days 1,398  ABOUT 22.09%
    Based on normal probability distribution, the odds of Inrom Construction to move above current price in 30 days from now is about 22.09% (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 -0.5071 . 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 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.02
    β
    Beta against DOW=0.51
    σ
    Overall volatility
    =24.53
    Ir
    Information ratio =0.23

    Inrom Construction Alerts

    Inrom Construction Alerts and Suggestions

    Inrom Construction is not yet fully synchronised with the market data
    Inrom Construction generates negative expected return over the last 30 days
    The company has S206.59 Million in debt which may indicate that it relies heavily on debt financing
    On September 3, 2018 Inrom Construction paid S 27.2857 per share dividend to its current shareholders
    Please also check Risk vs Return Analysis. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
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