Ormat Technologies probability of target price tool provides mechanism to make assumptions about upside and downside potential of Ormat Technologies performance during a given time horizon utilizing its historical volatility. Please specify Ormat Technologies time horizon, a valid symbol (red box) and a target price (blue box) you would like Ormat Technologies odds to be computed. Additionally take a look at Your Equity Center.
|Horizon||30 Days Login to change|
Ormat Technologies Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|20,400||30 days||20,400||NEAR 1%|
Based on normal probability distribution, the odds of Ormat Technologies to move above current price in 30 days from now is near 1% (This Ormat Technologies probability density function shows the probability of Ormat Technologies Stock to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Ormat Technologies has beta of 0.0382 . This implies as returns on market go up, Ormat Technologies average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Ormat Technologies will be expected to be much smaller as well. Additionally Ormat Technologies has an alpha of 0.0493 implying that it can potentially generate 0.0493% excess return over DOW after adjusting for the inherited market risk (beta).
Ormat Technologies Price Density
|Alpha over DOW||=||0.049251|
|Beta against DOW||=||0.0382|
|Ormat Technologies is not yet fully synchronised with the market data|
|Ormat Technologies appears to be very risky and stock price may revert if volatility continues|
|Ormat Technologies has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations|
|Trailing Annual Dividend Rate||0.53|