AVERBUCH FORMICA (Israel) Today

AVERBUCH FORMICA is trading at 2889.00 as of the 24th of September 2021, a 2.45 percent up since the beginning of the trading day. The stock's open price was 2820.0. Equity ratings for AVERBUCH FORMICA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of August 2021 and ending today, the 24th of September 2021. Click here to learn more.
Valuation
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AVERBUCH FORMICA Stock Profile

Averbuch Formica Center Ltd., together with its subsidiaries, produces and trades in raw materials for wood and furniture industry in Israel. Averbuch Formica Center Ltd. is based in Tel Aviv-Yafo, Israel. AVERBUCH FORMICA is traded on Tel Aviv Stock Exchange in Israel. more on AVERBUCH FORMICA
AVERBUCH FORMICA is not yet fully synchronised with the market data
The company has accumulated 20.11 M in total debt with debt to equity ratio (D/E) of 0.26, which may suggest the company is not taking enough advantage from borrowing. AVERBUCH FORMICA has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
About 72.0% of AVERBUCH FORMICA shares are held by company insiders
Legal NameAVERBUCH FORMICA
ChairmanShalom Averbuch  (View All)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of AVERBUCH FORMICA's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
AVERBUCH FORMICA (AVER) is traded on Tel Aviv Stock Exchange in Israel and employs 139 people. The company currently falls under 'Large-Cap' category with current market capitalization of 22.64 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate AVERBUCH FORMICA's market, we take the total number of its shares issued and multiply it by AVERBUCH FORMICA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. AVERBUCH FORMICA operates under Consumer Cyclical sector and is part of Furnishings, Fixtures & Appliances industry. The entity has 8.42 M outstanding shares. AVERBUCH FORMICA has accumulated about 3.04 M in cash with 3.71 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43.
Check AVERBUCH FORMICA Probability Of Bankruptcy

AVERBUCH Stock Price Odds Analysis

What are AVERBUCH FORMICA's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of AVERBUCH FORMICA jumping above the current price in 90 days from now is near 1%. The AVERBUCH FORMICA probability density function shows the probability of AVERBUCH FORMICA stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon AVERBUCH FORMICA has a beta of -2.0956. This suggests as returns on its benchmark rise, returns on holding AVERBUCH FORMICA are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, AVERBUCH FORMICA is expected to outperform its benchmark. Additionally, the company has an alpha of 0.8081, implying that it can generate a 0.81 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 2889.0HorizonTargetOdds Up 2889.0 
99.21%90 days
 2,889 
0.78%
Based on a normal probability distribution, the odds of AVERBUCH FORMICA to move above the current price in 90 days from now is near 1 (This AVERBUCH FORMICA probability density function shows the probability of AVERBUCH Stock to fall within a particular range of prices over 90 days) .

AVERBUCH FORMICA Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. AVERBUCH FORMICA market risk premium is the additional return an investor will receive from holding AVERBUCH FORMICA long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in AVERBUCH FORMICA. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although AVERBUCH FORMICA's alpha and beta are two of the key measurements used to evaluate AVERBUCH FORMICA's performance over the market, the standard measures of volatility play an important role as well.

AVERBUCH Stock Against Markets

Picking the right benchmark for AVERBUCH FORMICA stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in AVERBUCH FORMICA stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for AVERBUCH FORMICA is critical whether you are bullish or bearish towards AVERBUCH FORMICA at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with AVERBUCH FORMICA stock to make a market-neutral strategy. Peer analysis of AVERBUCH FORMICA could also be used in its relative valuation, which is a method of valuing AVERBUCH FORMICA by comparing valuation metrics with similar companies.

AVERBUCH FORMICA Corporate Directors

AVERBUCH FORMICA corporate directors refer to members of an AVERBUCH FORMICA board of directors. The board of directors generally takes responsibility for the AVERBUCH FORMICA's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of AVERBUCH FORMICA's board members must vote for the resolution. The AVERBUCH FORMICA board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Lihi Manashcu - External DirectorProfile
Adi Kidron - DirectorProfile
Oren GilOr - External DirectorProfile
Shaul Averbuch - VP of Bus. Devel. and DirectorProfile
Please continue to Trending Equities. Note that the AVERBUCH FORMICA information on this page should be used as a complementary analysis to other AVERBUCH FORMICA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

Other Tools for AVERBUCH Stock

When running AVERBUCH FORMICA price analysis, check to measure AVERBUCH FORMICA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AVERBUCH FORMICA is operating at the current time. Most of AVERBUCH FORMICA's value examination focuses on studying past and present price action to predict the probability of AVERBUCH FORMICA's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AVERBUCH FORMICA's price. Additionally, you may evaluate how the addition of AVERBUCH FORMICA to your portfolios can decrease your overall portfolio volatility.
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