Shagrir Group (Israel) Probability of Target Price Finishing Over Current Price

SHGR -- Israel Stock  

ILS 1,672  7.00  0.42%

Shagrir Group probability of target price tool provides mechanism to make assumptions about upside and downside potential of Shagrir Group Vehicle Services Ltd performance during a given time horizon utilizing its historical volatility. Please specify Shagrir Group time horizon, a valid symbol (red box) and a target price (blue box) you would like Shagrir Group odds to be computed. Also please take a look at Shagrir Group Backtesting, Shagrir Group Valuation, Shagrir Group Correlation, Shagrir Group Hype Analysis, Shagrir Group Volatility, Shagrir Group History as well as Shagrir Group Performance.
Horizon     30 Days    Login   to change
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Shagrir Group Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1,672 30 days 1,672  ABOUT 23.09%
Based on normal probability distribution, the odds of Shagrir Group to move above current price in 30 days from now is about 23.09% (This Shagrir Group Vehicle Services Ltd probability density function shows the probability of Shagrir Group Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Shagrir Group has beta of 0.1687 . This entails as returns on market go up, Shagrir Group average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Shagrir Group Vehicle Services Ltd will be expected to be much smaller as well. Additionally Shagrir Group Vehicle Services Ltd has an alpha of 0.0437 implying that it can potentially generate 0.0437% excess return over DOW after adjusting for the inherited market risk (beta).
 Shagrir Group Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.043739
β
Beta against DOW=0.17
σ
Overall volatility
=824.45
Ir
Information ratio =0.17

Shagrir Group Alerts

Shagrir Group Alerts and Suggestions

The company has accumulated 14.21 M in total debt with debt to equity ratio (D/E) of 16.6 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Shagrir Group Vehicle Services Ltd has Current Ratio of 0.93 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
On September 4, 2018 Shagrir Group paid S 11.3 per share dividend to its current shareholders

Price Density Drivers

Shagrir Group Health Indicators

Trailing Annual Dividend Rate1.12
Float Shares5.17M
Average Daily Volume Last 10 Day15.24k
Average Daily Volume In Three Month13.16k
Trailing Annual Dividend Yield0.07%
Also please take a look at Shagrir Group Backtesting, Shagrir Group Valuation, Shagrir Group Correlation, Shagrir Group Hype Analysis, Shagrir Group Volatility, Shagrir Group History as well as Shagrir Group Performance. Please also try Crypto Portfolio Optimizer module to optimize portfolio of digital coins and token across multiple currency and exchanges.
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