RedHill Biopharma (Israel) Probability of Target Price Finishing Over Current Price

RDHL -- Israel Stock  

ILS 258.40  3.60  1.37%

RedHill Biopharma probability of target price tool provides mechanism to make assumptions about upside and downside potential of RedHill Biopharma Ltd performance during a given time horizon utilizing its historical volatility. Please specify RedHill Biopharma time horizon, a valid symbol (red box) and a target price (blue box) you would like RedHill Biopharma odds to be computed. Additionally take a look at RedHill Biopharma Backtesting, RedHill Biopharma Valuation, RedHill Biopharma Correlation, RedHill Biopharma Hype Analysis, RedHill Biopharma Volatility, RedHill Biopharma History as well as RedHill Biopharma Performance.
Horizon     30 Days    Login   to change
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RedHill Biopharma Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 258.40 30 days 258.40  ABOUT 98.0%
Based on normal probability distribution, the odds of RedHill Biopharma to move above current price in 30 days from now is about 98.0% (This RedHill Biopharma Ltd probability density function shows the probability of RedHill Biopharma Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, RedHill Biopharma Ltd has beta of -1.0889 . This implies Additionally RedHill Biopharma Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 RedHill Biopharma Price Density 
      Price 
α
Alpha over DOW
=0.27
β
Beta against DOW=1.09
σ
Overall volatility
=16.22
Ir
Information ratio =0.0072

RedHill Biopharma Alerts

RedHill Biopharma Alerts and Suggestions

RedHill Biopharma generates negative expected return over the last 30 days
RedHill Biopharma has high historical volatility and very poor performance
The company reported revenue of 9M. Net Loss for the year was (41.55M) with profit before overhead, payroll, taxes, and interest of 1.88M.
REDHILL BIOPHARMA has accumulated about 43.03M in cash with (40.43M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.

Price Density Drivers

RedHill Biopharma Health Indicators

Float Shares186.58M
Average Daily Volume Last 10 Day126.04k
Average Daily Volume In Three Month192.08k
Additionally take a look at RedHill Biopharma Backtesting, RedHill Biopharma Valuation, RedHill Biopharma Correlation, RedHill Biopharma Hype Analysis, RedHill Biopharma Volatility, RedHill Biopharma History as well as RedHill Biopharma Performance. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.
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