RALCO Probability of Target Price Finishing Above 1877.0

<div class='circular--portrait' style='background:#754DEB;color: #F0FFF0;font-size:4em;padding-top: 25px;;'>RA</div>
RLCO -- Israel Stock  

ILA 2,052  7.00  0.34%

RALCO AGENCIES probability of target price tool provides mechanism to make assumptions about upside and downside potential of RALCO AGENCIES performance during a given time horizon utilizing its historical volatility.

Search Price Probability

 
Refresh
Please specify RALCO AGENCIES time horizon, a valid symbol (red box) and a target price (blue box) you would like RALCO AGENCIES odds to be computed. Additionally, take a look at Your Equity Center.
Apply Odds

RALCO AGENCIES Target Price Odds to finish below 1877.0

Current PriceHorizonTarget PriceOdds to drop to  1,877  or more in 30 days
 2,052 30 days 1,877 
about 16.8
Based on normal probability distribution, the odds of RALCO AGENCIES to drop to  1,877  or more in 30 days from now is about 16.8 (This RALCO AGENCIES probability density function shows the probability of RALCO AGENCIES Stock to fall within a particular range of prices over 30 days) . Probability of RALCO AGENCIES price to stay between  1,877  and its current price of 2052.0 at the end of the 30-day period is about 13.87 .
Assuming 30 trading days horizon, RALCO AGENCIES has beta of -0.0121 . This implies as returns on benchmark increase, returns on holding RALCO AGENCIES are expected to decrease at a much smaller rate. During bear market, however, RALCO AGENCIES is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. RALCO AGENCIES is significantly underperforming DOW.
 RALCO AGENCIES Price Density 
      Price 
α
Alpha over DOW
=-0.24
β
Beta against DOW=-0.01
σ
Overall volatility
=383.74
Ir
Information ratio =-0.05

RALCO AGENCIES Alerts and Suggestions

RALCO AGENCIES is not yet fully synchronised with the market data
RALCO AGENCIES has very high historical volatility over the last 30 days

RALCO AGENCIESPrice Density Drivers

Trailing Annual Dividend Rate2.94
Float Shares1.15M
Average Daily Volume Last 10 Day868
Average Daily Volume In Three Month1.25k
Trailing Annual Dividend Yield0.16%
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page