Solegreen Ltd (Israel) Probability of Target Price Finishing Over Current Price

    SLGN -- Israel Stock  

    ILS 842.00  10.60  1.27%

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

    Current PriceHorizonTarget PriceOdds to move above current price in 30 days
     842.00 30 days 842.00  ABOUT 40.33%
    Based on normal probability distribution, the odds of Solegreen Ltd to move above current price in 30 days from now is about 40.33% (This Solegreen Ltd probability density function shows the probability of Solegreen Ltd Stock to fall within a particular range of prices over 30 days) .
    Assuming 30 trading days horizon, Solegreen Ltd has beta of -0.3302 . This entails as returns on benchmark increase, returns on holding Solegreen Ltd are expected to decrease at a much smaller rate. During bear market, however, Solegreen Ltd is likely to outperform the market. Additionally Solegreen Ltd has an alpha of 0.4348 implying that it can potentially generate 0.4348% excess return over DOW after adjusting for the inherited market risk (beta).
     Solegreen Ltd Price Density 
     
          
    Current Price   Target Price   
    α
    Alpha over DOW
    =0.43
    β
    Beta against DOW=0.33
    σ
    Overall volatility
    =43.20
    Ir
    Information ratio =0.14

    Solegreen Ltd Alerts

    Solegreen Ltd Alerts and Suggestions

    Solegreen Ltd is not yet fully synchronised with the market data
    The company has S36 Million in debt which may indicate that it relies heavily on debt financing
    Also please take a look at World Market Map. Please also try Price Ceiling Movement module to calculate and plot price ceiling movement for different equity instruments.
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