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

    SALG -- Israel Stock  

    ILS 1,277  0.00  0.00%

    Shalag Industries probability of target price tool provides mechanism to make assumptions about upside and downside potential of Shalag Industries Ltd performance during a given time horizon utilizing its historical volatility. Please specify Shalag Industries time horizon, a valid symbol (red box) and a target price (blue box) you would like Shalag Industries odds to be computed. Also please take a look at World Market Map.
    Horizon     30 Days    Login   to change
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    Shalag Industries Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     1,277 30 days 1,277  ABOUT 13.92%
    Based on normal probability distribution, the odds of Shalag Industries to move above current price in 30 days from now is about 13.92% (This Shalag Industries Ltd probability density function shows the probability of Shalag Industries Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Shalag Industries Ltd has beta of -0.5091 . This entails as returns on benchmark increase, returns on holding Shalag Industries are expected to decrease at a much smaller rate. During bear market, however, Shalag Industries Ltd is likely to outperform the market. Additionally The company has an alpha of 0.0016 implying that it can potentially generate 0.0016% excess return over DOW after adjusting for the inherited market risk (beta).
     Shalag Industries Price Density 
          Price 
    α
    Alpha over DOW
    =0.001611
    β
    Beta against DOW=0.51
    σ
    Overall volatility
    =45.91
    Ir
    Information ratio =0.05

    Shalag Industries Alerts

    Shalag Industries Alerts and Suggestions

    Shalag Industries is not yet fully synchronised with the market data

    Price Density Drivers

    Shalag Industries Health Indicators

    Trailing Annual Dividend Rate0.61
    Float Shares14.42M
    Average Daily Volume Last 10 Day10.72k
    Average Daily Volume In Three Month37.24k
    Trailing Annual Dividend Yield0.05%
    Also please take a look at World Market Map. Please also try Pair Correlation module to compare performance and examine historical correlation between any two equity instruments.
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