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

NICE -- Israel Stock  

ILS 42,120  540.00  1.27%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 42,120 30 days 42,120  ABOUT 17.35%
Based on normal probability distribution, the odds of NICE Ltd to move above current price in 30 days from now is about 17.35% (This NICE Ltd probability density function shows the probability of NICE Ltd Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, NICE Ltd has beta of 0.0444 indicating as returns on market go up, NICE Ltd average returns are expected to increase less than the benchmark. However during bear market, the loss on holding NICE Ltd will be expected to be much smaller as well. Additionally NICE Ltd has an alpha of 0.0834 implying that it can potentially generate 0.0834% excess return over DOW after adjusting for the inherited market risk (beta).
 NICE Ltd Price Density 
      Price 
α
Alpha over DOW
=0.08
β
Beta against DOW=0.0444
σ
Overall volatility
=1,526
Ir
Information ratio =0.12

Current Sentiment - NICE

NICE Ltd Investor Sentiment

Most of Macroaxis users are now bullish on NICE Ltd. What is your trading attitude regarding investing in NICE Ltd? Are you bullish or bearish?
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Bearish
98% Bullish
2% Bearish
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Price Density Drivers

NICE Ltd Health Indicators

Trailing Annual Dividend Rate0.16
Float Shares61.45M
Average Daily Volume Last 10 Day123.86k
Average Daily Volume In Three Month96.03k
Please see also NICE Ltd Backtesting, NICE Ltd Valuation, NICE Ltd Correlation, NICE Ltd Hype Analysis, NICE Ltd Volatility, NICE Ltd History as well as NICE Ltd Performance. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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