OPC Energy (Israel) Probability of Target Price Finishing Over Current Price

OPCE -- Israel Stock  

null 2,297  16.00  0.69%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 2,297 30 days 2,297  ABOUT 14.3%
Based on normal probability distribution, the odds of OPC Energy to move above current price in 30 days from now is about 14.3% (This OPC Energy Ltd probability density function shows the probability of OPC Energy Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, OPC Energy has beta of 0.126 . This implies as returns on market go up, OPC Energy average returns are expected to increase less than the benchmark. However during bear market, the loss on holding OPC Energy Ltd will be expected to be much smaller as well. Additionally The company has an alpha of 0.1538 implying that it can potentially generate 0.1538% excess return over DOW after adjusting for the inherited market risk (beta).
 OPC Energy Price Density 
      Price 
α
Alpha over DOW
=0.15
β
Beta against DOW=0.13
σ
Overall volatility
=1,093
Ir
Information ratio =0.08

OPC Energy Alerts and Suggestions

OPC Energy Ltd has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
On April 7, 2019 OPC Energy paid 27.2961 per share dividend to its current shareholders

OPC EnergyPrice Density Drivers

Float Shares30.89M
Average Daily Volume Last 10 Day148.66k
Average Daily Volume In Three Month83.99k
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