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

RDHL -- Israel Stock  

ILS 312.00  2.00  0.65%

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 Your Equity Center.
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
 312.00 30 days 312.00  ABOUT 23.23%
Based on normal probability distribution, the odds of RedHill Biopharma to move above current price in 30 days from now is about 23.23% (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 -0.9522 . This implies Moreover The company has an alpha of 1.2915 implying that it can potentially generate 1.2915% excess return over DOW after adjusting for the inherited market risk (beta).
 RedHill Biopharma Price Density 
      Price 
α
Alpha over DOW
=1.29
β
Beta against DOW=0.95
σ
Overall volatility
=36.41
Ir
Information ratio =0.18

RedHill Biopharma Alerts and Suggestions

RedHill Biopharma is not yet fully synchronised with the market data
RedHill Biopharma has very high historical volatility over the last 30 days
The company reported revenue of 8.36M. Net Loss for the year was (38.82M) with profit before overhead, payroll, taxes, and interest of 5.52M.
REDHILL BIOPHARMA has accumulated about 53.19M in cash with (34.46M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.

RedHill BiopharmaPrice Density Drivers

Float Shares150.27M
Average Daily Volume Last 10 Day203.85k
Average Daily Volume In Three Month712.65k
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