|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 4,511 ||30 days|| 4,511 || ABOUT 83.08%|
Based on normal probability distribution, the odds of Pointer Telocation to move above current price in 30 days from now is about 83.08% (This Pointer Telocation Ltd probability density function shows the probability of Pointer Telocation Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Pointer Telocation has beta of 0.0679 . This implies as returns on market go up, Pointer Telocation average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Pointer Telocation Ltd will be expected to be much smaller as well. Additionally Pointer Telocation Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Pointer Telocation Price Density
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|Current Price || ||Target Price || |