Shaniv Paper (Israel) Probability of Target Price Finishing Over Current Price

    SHAN -- Israel Stock  

    ILS 350.00  44.70  14.64%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     350.00 30 days 350.00  ROUGHLY 2.92%
    Based on normal probability distribution, the odds of Shaniv Paper to move above current price in 30 days from now is roughly 2.92% (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 -2.2233 . This entails as returns on its benchmark rise, returns on holding Shaniv Paper Industry Ltd are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Shaniv Paper is expected to outperform its benchmark. Additionally The company has an alpha of 0.6988 implying that it can potentially generate 0.6988% excess return over DOW after adjusting for the inherited market risk (beta).
     Shaniv Paper Price Density 
          Price 
    α
    Alpha over DOW
    =0.70
    β
    Beta against DOW=2.22
    σ
    Overall volatility
    =22.91
    Ir
    Information ratio =0.12

    Shaniv Paper Alerts

    Shaniv Paper Alerts and Suggestions

    Shaniv Paper is not yet fully synchronised with the market data
    Shaniv Paper has very high historical volatility over the last 30 days
    The company has S128.44 Million in debt which may indicate that it relies heavily on debt financing

    Price Density Drivers

    Shaniv Paper Health Indicators

    Trailing Annual Dividend Rate0.03
    Float Shares10.49M
    Average Daily Volume Last 10 Day2.45k
    Average Daily Volume In Three Month10.69k
    Trailing Annual Dividend Yield0.01%
    Also please take a look at World Market Map. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.
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