CARMIT CANDY (Israel) Today

CARMIT CANDY is trading at 1348.00 as of the 25th of September 2021, a 0.15 percent up since the beginning of the trading day. The stock's open price was 1346.0. Equity ratings for CARMIT CANDY IND are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2021 and ending today, the 25th of September 2021. Click here to learn more.
Valuation
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CARMIT CANDY Stock Profile

Carmit Candy Industries Ltd. engages in the manufacture and supply of gluten free foods and confectionery products for food companies and retailers worldwide. The company was incorporated in 1973 and is based in Rishon LeZion, Israel. CARMIT CANDY is traded on Tel Aviv Stock Exchange in Israel. more on CARMIT CANDY
CARMIT CANDY IND is not yet fully synchronised with the market data
CARMIT CANDY IND is unlikely to experience financial distress in the next 2 years
About 65.0% of the company shares are held by company insiders
Legal NameCARMIT CANDY IND
Chief Executive OfficerMatanya Schwartz  (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 CARMIT CANDY's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
CARMIT CANDY IND (CRMT) is traded on Tel Aviv Stock Exchange in Israel and employs 88 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 7.41 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CARMIT CANDY's market, we take the total number of its shares issued and multiply it by CARMIT CANDY'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. CARMIT CANDY IND operates under Consumer Defensive sector and is part of Confectioners industry. The entity has 5.59 M outstanding shares. CARMIT CANDY IND has accumulated about 8.73 M in cash with 1.12 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.56.
Check CARMIT CANDY Probability Of Bankruptcy

CARMIT Stock Price Odds Analysis

What are CARMIT CANDY's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of CARMIT CANDY jumping above the current price in 90 days from now is about 45.29%. The CARMIT CANDY IND probability density function shows the probability of CARMIT CANDY stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon CARMIT CANDY IND has a beta of -0.2766 suggesting as returns on benchmark increase, returns on holding CARMIT CANDY are expected to decrease at a much lower rate. During the bear market, however, CARMIT CANDY IND is likely to outperform the market. Additionally, the company has an alpha of 0.0787, implying that it can generate a 0.0787 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 1348.0HorizonTargetOdds Up 1348.0 
54.44%90 days
 1,348 
45.29%
Based on a normal probability distribution, the odds of CARMIT CANDY to move above the current price in 90 days from now is about 45.29 (This CARMIT CANDY IND probability density function shows the probability of CARMIT Stock to fall within a particular range of prices over 90 days) .

CARMIT CANDY IND Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. CARMIT CANDY market risk premium is the additional return an investor will receive from holding CARMIT CANDY 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 CARMIT CANDY. 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 CARMIT CANDY's alpha and beta are two of the key measurements used to evaluate CARMIT CANDY's performance over the market, the standard measures of volatility play an important role as well.

CARMIT Stock Against Markets

Picking the right benchmark for CARMIT CANDY 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 CARMIT CANDY 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 CARMIT CANDY is critical whether you are bullish or bearish towards CARMIT CANDY IND 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 CARMIT CANDY stock to make a market-neutral strategy. Peer analysis of CARMIT CANDY could also be used in its relative valuation, which is a method of valuing CARMIT CANDY by comparing valuation metrics with similar companies.

CARMIT CANDY Corporate Directors

CARMIT CANDY corporate directors refer to members of a CARMIT CANDY board of directors. The board of directors generally takes responsibility for the CARMIT CANDY'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 CARMIT CANDY's board members must vote for the resolution. The CARMIT CANDY board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Continue to Trending Equities. Note that the CARMIT CANDY IND information on this page should be used as a complementary analysis to other CARMIT CANDY'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Tools for CARMIT Stock

When running CARMIT CANDY IND price analysis, check to measure CARMIT CANDY'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 CARMIT CANDY is operating at the current time. Most of CARMIT CANDY's value examination focuses on studying past and present price action to predict the probability of CARMIT CANDY's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CARMIT CANDY's price. Additionally, you may evaluate how the addition of CARMIT CANDY to your portfolios can decrease your overall portfolio volatility.
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