Pointer Telocation (Israel) Probability of Target Price Finishing Over Current Price

PNTR -- Israel Stock  

ILS 5,610  20.00  0.36%

Pointer Telocation probability of target price tool provides mechanism to make assumptions about upside and downside potential of Pointer Telocation Ltd performance during a given time horizon utilizing its historical volatility. Please specify Pointer Telocation time horizon, a valid symbol (red box) and a target price (blue box) you would like Pointer Telocation odds to be computed. Additionally take a look at Your Equity Center.
Horizon     30 Days    Login   to change
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Pointer Telocation Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 5,610 30 days 5,610  ROUGHLY 2.56%
Based on normal probability distribution, the odds of Pointer Telocation to move above current price in 30 days from now is roughly 2.56% (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 Ltd has beta of -0.0308 . This implies as returns on benchmark increase, returns on holding Pointer Telocation are expected to decrease at a much smaller rate. During bear market, however, Pointer Telocation Ltd is likely to outperform the market. Additionally The company has an alpha of 0.5718 implying that it can potentially generate 0.5718% excess return over DOW after adjusting for the inherited market risk (beta).
 Pointer Telocation Price Density 
      Price 
α
Alpha over DOW
=0.57
β
Beta against DOW=0.03
σ
Overall volatility
=337.41
Ir
Information ratio =0.15

Pointer Telocation Alerts and Suggestions

Pointer Telocation is not yet fully synchronised with the market data
Pointer Telocation appears to be very risky and stock price may revert if volatility continues
About 46.0% of the company outstanding shares are owned by corporate insiders

Pointer TelocationPrice Density Drivers

Float Shares6.3M
Average Daily Volume Last 10 Day23.89k
Average Daily Volume In Three Month13.16k
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