|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 308.40 ||30 days|| 308.40 || ABOUT 15.29%|
Based on normal probability distribution, the odds of RedHill Biopharma to move above current price in 30 days from now is about 15.29% (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 -0.2364 . This implies as returns on benchmark increase, returns on holding RedHill Biopharma are expected to decrease at a much smaller rate. During bear market, however, RedHill Biopharma Ltd is likely to outperform the market. Additionally RedHill Biopharma Ltd has an alpha of 0.7162 implying that it can potentially generate 0.7162% excess return over DOW after adjusting for the inherited market risk (beta).
RedHill Biopharma Price Density
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|Current Price || ||Target Price || |