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

SHGR -- Israel Stock  

ILS 1,446  29.00  2.05%

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
 1,446 30 days 1,446  ABOUT 40.74%
Based on normal probability distribution, the odds of Shagrir Group to move above current price in 30 days from now is about 40.74% (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 Vehicle Services Ltd has beta of -0.0683 . This entails as returns on benchmark increase, returns on holding Shagrir Group are expected to decrease at a much smaller rate. During bear market, however, Shagrir Group Vehicle Services Ltd is likely to outperform the market. Additionally Shagrir Group Vehicle Services Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Shagrir Group Price Density 
      Price 
α
Alpha over DOW
=0.23
β
Beta against DOW=0.07
σ
Overall volatility
=705.41
Ir
Information ratio =0.03

Shagrir Group Alerts

Shagrir Group Alerts and Suggestions

Shagrir Group generates negative expected return over the last 30 days
The company has accumulated 14.4M in total debt with debt to equity ratio (D/E) of 16.8 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Shagrir Group Vehicle Services Ltd has Current Ratio of 0.91 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

Price Density Drivers

Shagrir Group Health Indicators

Trailing Annual Dividend Rate1.05
Float Shares4.67M
Average Daily Volume Last 10 Day12.88k
Average Daily Volume In Three Month16.81k
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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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