TOWER SEMICONDUCTO (Israel) Probability of Target Price Finishing Over 7061.72

TSEM -- Israel Stock  

ILS 6,966  36.00  0.52%

TOWER SEMICONDUCTO probability of target price tool provides mechanism to make assumptions about upside and downside potential of TOWER SEMICONDUCTO performance during a given time horizon utilizing its historical volatility. Please specify TOWER SEMICONDUCTO time horizon, a valid symbol (red box) and a target price (blue box) you would like TOWER SEMICONDUCTO odds to be computed. Also please take a look at World Market Map.
Horizon     30 Days    Login   to change
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TOWER SEMICONDUCTO Target Price Odds to finish over 7061.72

Current PriceHorizonTarget PriceOdds to move over S 7,062  or more in 30 days
 6,966 30 days 7,062 
about 11.16
Based on normal probability distribution, the odds of TOWER SEMICONDUCTO to move over S 7,062  or more in 30 days from now is about 11.16 (This TOWER SEMICONDUCTO probability density function shows the probability of TOWER SEMICONDUCTO Stock to fall within a particular range of prices over 30 days) . Probability of TOWER SEMICONDUCTO price to stay between its current price of S 6,966  and S 7,062  at the end of the 30-day period is under 4.
Assuming 30 trading days horizon, TOWER SEMICONDUCTO has beta of 0.5577 . This entails as returns on market go up, TOWER SEMICONDUCTO average returns are expected to increase less than the benchmark. However during bear market, the loss on holding TOWER SEMICONDUCTO will be expected to be much smaller as well. Additionally The company has an alpha of 0.1442 implying that it can potentially generate 0.1442% excess return over DOW after adjusting for the inherited market risk (beta).
 TOWER SEMICONDUCTO Price Density 
      Price 
α
Alpha over DOW
=0.14
β
Beta against DOW=0.56
σ
Overall volatility
=598.61
Ir
Information ratio =0.05

TOWER SEMICONDUCTO Alerts and Suggestions

TOWER SEMICONDUCTO is not yet fully synchronised with the market data
TOWER SEMICONDUCTO has very high historical volatility over the last 30 days
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TOWER SEMICONDUCTOPrice Density Drivers

Float Shares97.75M
Average Daily Volume Last 10 Day94.5k
Average Daily Volume In Three Month232.01k
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