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

    RIMO -- Israel Stock  

    ILS 6,026  0.00  0.00%

    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 Your Equity Center.
    Horizon     30 Days    Login   to change
    Symbol:
    Refresh Odds

    Rimoni Industries Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     6,026 30 days 6,026  ABOUT 66.02%
    Based on normal probability distribution, the odds of Rimoni Industries to move above current price in 30 days from now is about 66.02% (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 0.1938 . 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 0.0063 implying that it can potentially generate 0.0063% excess return over DOW after adjusting for the inherited market risk (beta).
     Rimoni Industries Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.006277
    β
    Beta against DOW=0.19
    σ
    Overall volatility
    =97.35
    Ir
    Information ratio =0.11

    Rimoni Industries Alerts

    Rimoni Industries Alerts and Suggestions

    Rimoni Industries is not yet fully synchronised with the market data
    On September 6, 2018 Rimoni Industries paid S 125.0 per share dividend to its current shareholders

    Price Density Drivers

    Rimoni Industries Health Indicators

    Trailing Annual Dividend Rate4.61
    Float Shares2M
    Average Daily Volume Last 10 Day1.5k
    Average Daily Volume In Three Month1.89k
    Trailing Annual Dividend Yield0.08%
    Additionally take a look at Your Equity Center. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.
    Search macroaxis.com