Medigus Ltd (Israel) Probability of Target Price Finishing Over Current Price

MDGS -- Israel Stock  

ILS 50.40  0.30  0.59%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 50.40 30 days 50.40  ABOUT 60.69%
Based on normal probability distribution, the odds of Medigus Ltd to move above current price in 30 days from now is about 60.69% (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, the stock has beta coefficient of 1.2207 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Medigus Ltd will likely underperform. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Medigus Ltd is significantly underperforming DOW.
 Medigus Ltd Price Density 
      Price 
α
Alpha over DOW
=0.44
β
Beta against DOW=1.22
σ
Overall volatility
=3.32
Ir
Information ratio =0.09

Medigus Ltd Alerts and Suggestions

Medigus Ltd is not yet fully synchronised with the market data
Medigus Ltd generates negative expected return over the last 30 days
Medigus Ltd has high likelihood to experience some financial distress in the next 2 years
The company reported revenue of 436K. Net Loss for the year was (6.6M) with loss before overhead, payroll, taxes, and interest of (171K).
MEDIGUS has accumulated about 10.62M in cash with (4.22M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14.

Medigus LtdPrice Density Drivers

Float Shares75.44M
Average Daily Volume Last 10 Day152.65k
Average Daily Volume In Three Month1.58M
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