RIMONI INDUSTRIES (Israel) Today

RIMONI INDUSTRIES is trading at 7717.00 as of the 19th of September 2021, a -1.33 percent down since the beginning of the trading day. The stock's open price was 7821.0. Equity ratings for RIMONI INDUSTRIES are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of July 2021 and ending today, the 19th of September 2021. Click here to learn more.
Valuation
Check how we calculate scores

RIMONI INDUSTRIES Stock Profile

Rimoni Industries Ltd. engages in the design, engineering, and manufacturing of molds, and precise injection molding and assemblies for the medical, automotive, agricultural, high-tech, and consumer industries in Israel. Rimoni Industries Ltd. was founded in 1954 and is based in Modiin-Maccabim-Reut, Israel. RIMONI INDUSTRIES operates under Specialty Chemicals classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 362 people. more on RIMONI INDUSTRIES
RIMONI INDUSTRIES is not yet fully synchronised with the market data
RIMONI INDUSTRIES has very high historical volatility over the last 90 days
About 75.0% of the company outstanding shares are owned by corporate insiders
Legal NameRIMONI INDUSTRIES
CEOOfer Weiss  (View All)
Thematic Classification
Currently Active Investing Idea (view all)
  Manufacturing
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 RIMONI INDUSTRIES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
RIMONI INDUSTRIES (RIMO) is traded on Tel Aviv Stock Exchange in Israel and employs 362 people. The company currently falls under 'Large-Cap' category with current market capitalization of 69.74 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate RIMONI INDUSTRIES's market, we take the total number of its shares issued and multiply it by RIMONI INDUSTRIES'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. RIMONI INDUSTRIES operates under Basic Materials sector and is part of Specialty Chemicals industry. The entity has 8.4 M outstanding shares. RIMONI INDUSTRIES has accumulated about 16.61 M in cash with 42.13 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.98.
Check RIMONI INDUSTRIES Probability Of Bankruptcy

RIMONI Stock Price Odds Analysis

What are RIMONI INDUSTRIES's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of RIMONI INDUSTRIES jumping above the current price in 90 days from now is about 14.03%. The RIMONI INDUSTRIES probability density function shows the probability of RIMONI INDUSTRIES stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon RIMONI INDUSTRIES has a beta of 0.3437 indicating as returns on the market go up, RIMONI INDUSTRIES average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding RIMONI INDUSTRIES will be expected to be much smaller as well. Additionally, the company has an alpha of 0.2134, implying that it can generate a 0.21 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 7717.0HorizonTargetOdds Up 7717.0 
85.87%90 days
 7,717 
14.03%
Based on a normal probability distribution, the odds of RIMONI INDUSTRIES to move above the current price in 90 days from now is about 14.03 (This RIMONI INDUSTRIES probability density function shows the probability of RIMONI Stock to fall within a particular range of prices over 90 days) .

RIMONI INDUSTRIES Risk Profiles

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

RIMONI Stock Against Markets

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

RIMONI INDUSTRIES Corporate Directors

RIMONI INDUSTRIES corporate directors refer to members of a RIMONI INDUSTRIES board of directors. The board of directors generally takes responsibility for the RIMONI INDUSTRIES'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 RIMONI INDUSTRIES's board members must vote for the resolution. The RIMONI INDUSTRIES board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Shamai Waserman - External DirectorProfile
Dov Reichman - DirectorProfile
Boris Yaniv - DirectorProfile
Anat Charcas - External DirectorProfile
Additionally, take a look at Your Equity Center. Note that the RIMONI INDUSTRIES information on this page should be used as a complementary analysis to other RIMONI INDUSTRIES'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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Other Tools for RIMONI Stock

When running RIMONI INDUSTRIES price analysis, check to measure RIMONI INDUSTRIES'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 RIMONI INDUSTRIES is operating at the current time. Most of RIMONI INDUSTRIES's value examination focuses on studying past and present price action to predict the probability of RIMONI INDUSTRIES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move RIMONI INDUSTRIES's price. Additionally, you may evaluate how the addition of RIMONI INDUSTRIES to your portfolios can decrease your overall portfolio volatility.
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go