|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 488.70 ||30 days|| 488.70 || UNDER 4%|
Based on normal probability distribution, the odds of Israel Petrochemical to move above current price in 30 days from now is under 4% (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 0.0577 . 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 an alpha of 0.2976 implying that it can potentially generate 0.2976% excess return over DOW after adjusting for the inherited market risk (beta).
Israel Petrochemical Price Density