Migdal Insurance (Israel) Probability of Target Price Finishing Over Current Price

MGDL -- Israel Stock  

ILS 320.90  1.30  0.00%

Migdal Insurance probability of target price tool provides mechanism to make assumptions about upside and downside potential of Migdal Insurance and Financial Holdings Ltd performance during a given time horizon utilizing its historical volatility. Please specify Migdal Insurance time horizon, a valid symbol (red box) and a target price (blue box) you would like Migdal Insurance odds to be computed. Please see also Migdal Insurance Backtesting, Migdal Insurance Valuation, Migdal Insurance Correlation, Migdal Insurance Hype Analysis, Migdal Insurance Volatility, Migdal Insurance History as well as Migdal Insurance Performance.
Horizon     30 Days    Login   to change
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Migdal Insurance Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 320.90 30 days 320.90  UNDER 95%
Based on normal probability distribution, the odds of Migdal Insurance to move above current price in 30 days from now is under 95% (This Migdal Insurance and Financial Holdings Ltd probability density function shows the probability of Migdal Insurance Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Migdal Insurance has beta of 0.1726 indicating as returns on market go up, Migdal Insurance average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Migdal Insurance and Financial Holdings Ltd will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Migdal Insurance is significantly underperforming DOW.
 Migdal Insurance Price Density 
      Price 
α
Alpha over DOW
=0.5
β
Beta against DOW=0.17
σ
Overall volatility
=41.77
Ir
Information ratio =0.15

Migdal Insurance Alerts

Migdal Insurance Alerts and Suggestions

Migdal Insurance generates negative expected return over the last 30 days
Migdal Insurance has high historical volatility and very poor performance
Migdal Insurance has accumulated S4.76 Billion in debt which can lead to volatile earnings

Price Density Drivers

Migdal Insurance Health Indicators

Float Shares327.44M
Average Daily Volume Last 10 Day921.37k
Average Daily Volume In Three Month988.9k
Please see also Migdal Insurance Backtesting, Migdal Insurance Valuation, Migdal Insurance Correlation, Migdal Insurance Hype Analysis, Migdal Insurance Volatility, Migdal Insurance History as well as Migdal Insurance Performance. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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