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

SLGN -- Israel Stock  

ILS 894.20  21.30  2.44%

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
 894.20 30 days 894.20  ABOUT 39.68%
Based on normal probability distribution, the odds of Solegreen Ltd to move above current price in 30 days from now is about 39.68% (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 -0.2026 . 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 0.0651 implying that it can potentially generate 0.0651% excess return over DOW after adjusting for the inherited market risk (beta).
 Solegreen Ltd Price Density 
      Price 
α
Alpha over DOW
=0.07
β
Beta against DOW=0.2
σ
Overall volatility
=42.60
Ir
Information ratio =0.16

Solegreen Ltd Alerts

Solegreen Ltd Alerts and Suggestions

Solegreen Ltd is not yet fully synchronised with the market data
The company has S34.94 Million in debt which may indicate that it relies heavily on debt financing

Price Density Drivers

Solegreen Ltd Health Indicators

Trailing Annual Dividend Rate1.00
Float Shares1.44M
Average Daily Volume Last 10 Day1.18k
Average Daily Volume In Three Month1.43k
Trailing Annual Dividend Yield0.11%
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