Scope Metals (Israel) Probability of Target Price Finishing Over Current Price

    SCOP -- Israel Stock  

    ILS 10,700  50.00  0.47%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     10,700 30 days 10,700  ABOUT 22.79%
    Based on normal probability distribution, the odds of Scope Metals to move above current price in 30 days from now is about 22.79% (This Scope Metals Group Ltd probability density function shows the probability of Scope Metals Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Scope Metals has beta of 0.2272 . This entails as returns on market go up, Scope Metals average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Scope Metals Group Ltd will be expected to be much smaller as well. Additionally Scope Metals Group Ltd has an alpha of 0.4958 implying that it can potentially generate 0.4958% excess return over DOW after adjusting for the inherited market risk (beta).
     Scope Metals Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.50
    β
    Beta against DOW=0.23
    σ
    Overall volatility
    =433.19
    Ir
    Information ratio =0.25

    Scope Metals Alerts

    Scope Metals Alerts and Suggestions

    Scope Metals Group is not yet fully synchronised with the market data
    Scope Metals Group generates negative expected return over the last 30 days
    Scope Metals Group has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations

    Price Density Drivers

    Scope Metals Health Indicators

    Trailing Annual Dividend Rate11.00
    Float Shares6M
    Average Daily Volume Last 10 Day12.94k
    Average Daily Volume In Three Month13.64k
    Trailing Annual Dividend Yield0.10%
    Also please take a look at World Market Map. Please also try Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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