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

    SHAN -- Israel Stock  

    ILS 301.00  0.20  0.07%

    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
     301.00 30 days 301.00  ABOUT 65.41%
    Based on normal probability distribution, the odds of Shaniv Paper to move above current price in 30 days from now is about 65.41% (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 has beta of 0.3945 . This entails as returns on market go up, Shaniv Paper average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Shaniv Paper Industry Ltd will be expected to be much smaller as well. 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 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.39
    β
    Beta against DOW=0.39
    σ
    Overall volatility
    =12.74
    Ir
    Information ratio =0.11

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