|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 55.90 ||30 days|| 55.90 || ABOUT 72.78%|
Based on normal probability distribution, the odds of Medigus Ltd to move above current price in 30 days from now is about 72.78% (This Medigus Ltd probability density function shows the probability of Medigus Ltd Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Medigus Ltd has beta of 0.7455 indicating as returns on market go up, Medigus Ltd average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Medigus Ltd will be expected to be much smaller as well. Additionally Medigus Ltd has an alpha of 0.3808 implying that it can potentially generate 0.3808% excess return over DOW after adjusting for the inherited market risk (beta).
Medigus Ltd Price Density
| || |
|Current Price || ||Target Price || |