Kardan Real (Israel) Probability of Target Price Finishing Over Current Price

    KARE -- Israel Stock  

    ILS 163.10  0.10  0.06%

    Kardan Real probability of target price tool provides mechanism to make assumptions about upside and downside potential of Kardan Real Estate Enterprise and Development Ltd performance during a given time horizon utilizing its historical volatility. Please specify Kardan Real time horizon, a valid symbol (red box) and a target price (blue box) you would like Kardan Real odds to be computed. Please see also Stocks Correlation.
    Horizon     30 Days    Login   to change
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    Kardan Real Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     163.10 30 days 163.10  ABOUT 9.35%
    Based on normal probability distribution, the odds of Kardan Real to move above current price in 30 days from now is about 9.35% (This Kardan Real Estate Enterprise and Development Ltd probability density function shows the probability of Kardan Real Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Kardan Real Estate Enterprise and Development Ltd has beta of -0.3016 indicating as returns on benchmark increase, returns on holding Kardan Real are expected to decrease at a much smaller rate. During bear market, however, Kardan Real Estate Enterprise and Development Ltd is likely to outperform the market. Additionally Kardan Real Estate Enterprise and Development Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
     Kardan Real Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.05
    β
    Beta against DOW=0.3
    σ
    Overall volatility
    =3.04
    Ir
    Information ratio =0.11

    Kardan Real Alerts

    Kardan Real Alerts and Suggestions

    Kardan Real Estate is not yet fully synchronised with the market data
    Please see also Stocks Correlation. Please also try Theme Ratings module to determine theme ratings based on digital equity recommendations. macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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