Mendelson Infrastructures (Israel) Probability of Target Price Finishing Over Current Price

    MNIN -- Israel Stock  

    ILS 975.80  7.20  0.73%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     975.80 30 days 975.80  NEARLY 4.63%
    Based on normal probability distribution, the odds of Mendelson Infrastructures to move above current price in 30 days from now is nearly 4.63% (This Mendelson Infrastructures Industries Ltd probability density function shows the probability of Mendelson Infrastructures Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Mendelson Infrastructures has beta of 4.0E-4 indicating as returns on market go up, Mendelson Infrastructures average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Mendelson Infrastructures Industries Ltd will be expected to be much smaller as well. Additionally Mendelson Infrastructures Industries Ltd has an alpha of 0.0288 implying that it can potentially generate 0.0288% excess return over DOW after adjusting for the inherited market risk (beta).
     Mendelson Infrastructures Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.028761
    β
    Beta against DOW=0.0004
    σ
    Overall volatility
    =427.93
    Ir
    Information ratio =0.69

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    Mendelson Infrastructures Alerts and Suggestions

    Mendelson Infrastructures is not yet fully synchronised with the market data

    Price Density Drivers

    Mendelson Infrastructures Health Indicators

    Trailing Annual Dividend Rate0.30
    Float Shares43.3M
    Average Daily Volume Last 10 Day9.23k
    Average Daily Volume In Three Month12.19k
    Trailing Annual Dividend Yield0.03%
    Please see also Stocks Correlation. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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