QUALITAU (Israel) Probability of Target Price Finishing Over Current Price

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QLTU -- Israel Stock  

ILA 2,367  16.00  0.67%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 2,367 30 days 2,367 
about 7.34
Based on normal probability distribution, the odds of QUALITAU to move above current price in 30 days from now is about 7.34 (This QUALITAU probability density function shows the probability of QUALITAU Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, QUALITAU has beta of 0.4718 . This implies as returns on market go up, QUALITAU average returns are expected to increase less than the benchmark. However during bear market, the loss on holding QUALITAU will be expected to be much smaller as well. Additionally The company has an alpha of 0.4299 implying that it can potentially generate 0.4299% excess return over DOW after adjusting for the inherited market risk (beta).
 QUALITAU Price Density 
    
  Price 
α
Alpha over DOW
=0.43
β
Beta against DOW=0.47
σ
Overall volatility
=153.07
Ir
Information ratio =0.18

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QUALITAUPrice Density Drivers

Float Shares3.08M
Average Daily Volume Last 10 Day1.74k
Average Daily Volume In Three Month1.7k