|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 279.20 ||30 days|| 279.20 || CLOSE TO 99%|
Based on normal probability distribution, the odds of Shaniv Paper to move above current price in 30 days from now is close to 99% (This Shaniv Paper Industry Ltd probability density function shows the probability of Shaniv Paper Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Shaniv Paper Industry Ltd has beta of -0.0276 . This entails as returns on benchmark increase, returns on holding Shaniv Paper are expected to decrease at a much smaller rate. During bear market, however, Shaniv Paper Industry Ltd is likely to outperform the market. Additionally Shaniv Paper Industry Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Shaniv Paper Price Density