Tamar Petroleum (Israel) Probability of Target Price Finishing Over Current Price

TMRP -- Israel Stock  

null 1,636  5.00  0.31%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1,636 30 days 1,636  ABOUT 18.54%
Based on normal probability distribution, the odds of Tamar Petroleum to move above current price in 30 days from now is about 18.54% (This Tamar Petroleum Ltd probability density function shows the probability of Tamar Petroleum Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Tamar Petroleum has beta of 0.0362 . This entails as returns on market go up, Tamar Petroleum average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Tamar Petroleum Ltd will be expected to be much smaller as well. Additionally Tamar Petroleum Ltd has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Tamar Petroleum Price Density 
      Price 
α
Alpha over DOW
=0.0063
β
Beta against DOW=0.0362
σ
Overall volatility
=827.14
Ir
Information ratio =0.15

Tamar Petroleum Technical Analysis

Tamar Petroleum Predictive Forecast Models

Naive Prediction
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