Rimoni Industries (Israel) Probability of Target Price Finishing Over Current Price

RIMO -- Israel Stock  

ILS 6,486  55.00  0.84%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 6,486 30 days 6,486  ROUGHLY 2.32%
Based on normal probability distribution, the odds of Rimoni Industries to move above current price in 30 days from now is roughly 2.32% (This Rimoni Industries Ltd probability density function shows the probability of Rimoni Industries Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Rimoni Industries has beta of 0.1841 . This implies as returns on market go up, Rimoni Industries average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Rimoni Industries Ltd will be expected to be much smaller as well. Additionally Rimoni Industries Ltd has an alpha of 0.1497 implying that it can potentially generate 0.1497% excess return over DOW after adjusting for the inherited market risk (beta).
 Rimoni Industries Price Density 
      Price 
α
Alpha over DOW
=0.15
β
Beta against DOW=0.18
σ
Overall volatility
=165.81
Ir
Information ratio =0.22

Price Density Drivers

Rimoni Industries Health Indicators

Trailing Annual Dividend Rate4.16
Float Shares1.82M
Average Daily Volume Last 10 Day786
Average Daily Volume In Three Month1.13k
Trailing Annual Dividend Yield0.07%
Additionally take a look at Rimoni Industries Backtesting, Rimoni Industries Valuation, Rimoni Industries Correlation, Rimoni Industries Hype Analysis, Rimoni Industries Volatility, Rimoni Industries History as well as Rimoni Industries Performance. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.
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