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

MGDL -- Israel Stock  

ILS 409.00  5.00  1.21%

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
 409.00 30 days 409.00  ABOUT 86.3%
Based on normal probability distribution, the odds of Migdal Insurance to move above current price in 30 days from now is about 86.3% (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 0.6762 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 Migdal Insurance and Financial Holdings Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Migdal Insurance Price Density 
      Price 
α
Alpha over DOW
=0.18
β
Beta against DOW=0.68
σ
Overall volatility
=10.72
Ir
Information ratio =0.09

Migdal Insurance Alerts

Migdal Insurance Alerts and Suggestions

Migdal Insurance and has accumulated S4.76 Billion in debt which can lead to volatile earnings
MIGDAL INS & FIN has accumulated about 111.1 B in cash with (564.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 106.01.
Latest headline from www.fairfieldcurrent.com: Torchmark Co. Stake Increased by Leith Wheeler Investment Counsel Ltd.

Price Density Drivers

Migdal Insurance Health Indicators

Float Shares330.27M
Average Daily Volume Last 10 Day778.49k
Average Daily Volume In Three Month831.72k
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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