TEL AVIV (Israel) Probability of Target Price Finishing Over Current Price

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TASE -- Israel Stock  

ILA 1,285  50.00  4.05%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1,285 30 days 1,285 
about 10.8
Based on normal probability distribution, the odds of TEL AVIV to move above current price in 30 days from now is about 10.8 (This TEL AVIV STOCK EXC probability density function shows the probability of TEL AVIV Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, TEL AVIV STOCK EXC has beta of -1.356 . This entails as returns on its benchmark rise, returns on holding TEL AVIV STOCK EXC are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, TEL AVIV is expected to outperform its benchmark. Additionally The company has an alpha of 0.5072 implying that it can potentially generate 0.5072% excess return over DOW after adjusting for the inherited market risk (beta).
 TEL AVIV Price Density 
    
  Price 
α
Alpha over DOW
=0.51
β
Beta against DOW=1.36
σ
Overall volatility
=100.35
Ir
Information ratio =0.11

TEL AVIV Alerts and Suggestions

TEL AVIV STOCK is not yet fully synchronised with the market data

TEL AVIVPrice Density Drivers

Float Shares79.96M
Average Daily Volume Last 10 Day173.43k
Average Daily Volume In Three Month218.39k