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

MDGS -- Israel Stock  

ILS 61.50  0.10  0.16%

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 Medigus Ltd Backtesting, Medigus Ltd Valuation, Medigus Ltd Correlation, Medigus Ltd Hype Analysis, Medigus Ltd Volatility, Medigus Ltd History as well as Medigus Ltd Performance.
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
 61.50 30 days 61.50  ABOUT 21.67%
Based on normal probability distribution, the odds of Medigus Ltd to move above current price in 30 days from now is about 21.67% (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 0.2035 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 0.3273 implying that it can potentially generate 0.3273% excess return over DOW after adjusting for the inherited market risk (beta).
 Medigus Ltd Price Density 
      Price 
α
Alpha over DOW
=0.33
β
Beta against DOW=0.20
σ
Overall volatility
=3.20
Ir
Information ratio =0.11

Medigus Ltd Alerts

Medigus Ltd Alerts and Suggestions

The company reported revenue of 492K. Net Loss for the year was (5.74M) with loss before overhead, payroll, taxes, and interest of (49K).
MEDIGUS has accumulated about 11.93M in cash with (3.86M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.22.

Price Density Drivers

Medigus Ltd Health Indicators

Float Shares48.38M
Average Daily Volume Last 10 Day1.24M
Average Daily Volume In Three Month1.24M
Please see also Medigus Ltd Backtesting, Medigus Ltd Valuation, Medigus Ltd Correlation, Medigus Ltd Hype Analysis, Medigus Ltd Volatility, Medigus Ltd History as well as Medigus Ltd Performance. Please also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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