|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 421.00 ||30 days|| 421.00 || ABOUT 75.62%|
Based on normal probability distribution, the odds of Israel Petrochemical to move above current price in 30 days from now is about 75.62% (This Israel Petrochemical Enterprises Ltd probability density function shows the probability of Israel Petrochemical Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Israel Petrochemical has beta of 0.7177 . This implies as returns on market go up, Israel Petrochemical average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Israel Petrochemical Enterprises Ltd will be expected to be much smaller as well. Additionally Israel Petrochemical Enterprises Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Israel Petrochemical Price Density
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