EN Shoham (Israel) Probability of Future Stock Price Finishing Under 501.88
| SHOM Stock | ILS 657.30 7.20 1.08% |
SHOM |
EN Shoham Target Price Odds to finish below 501.88
The tendency of SHOM Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to S 501.88 or more in 90 days |
| 657.30 | 90 days | 501.88 | about 12.95 |
Based on a normal probability distribution, the odds of EN Shoham to drop to S 501.88 or more in 90 days from now is about 12.95 (This EN Shoham Business probability density function shows the probability of SHOM Stock to fall within a particular range of prices over 90 days) . Probability of EN Shoham Business price to stay between S 501.88 and its current price of S657.3 at the end of the 90-day period is about 85.78 .
Assuming the 90 days trading horizon EN Shoham Business has a beta of -0.0331. This usually implies as returns on the benchmark increase, returns on holding EN Shoham are expected to decrease at a much lower rate. During a bear market, however, EN Shoham Business is likely to outperform the market. Additionally EN Shoham Business has an alpha of 0.2732, implying that it can generate a 0.27 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). EN Shoham Price Density |
| Price |
Predictive Modules for EN Shoham
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as EN Shoham Business. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.EN Shoham Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. EN Shoham is not an exception. The market had few large corrections towards the EN Shoham's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold EN Shoham Business, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of EN Shoham within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.27 | |
β | Beta against Dow Jones | -0.03 | |
σ | Overall volatility | 45.88 | |
Ir | Information ratio | 0.09 |
EN Shoham Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of EN Shoham for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for EN Shoham Business can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| EN Shoham Business has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| EN Shoham Business has accumulated about 4.26 M in cash with (219.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Roughly 44.0% of the company outstanding shares are owned by corporate insiders |
EN Shoham Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of SHOM Stock often depends not only on the future outlook of the current and potential EN Shoham's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. EN Shoham's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividends Paid | 10 M | |
| Forward Annual Dividend Rate | 0.26 | |
| Shares Float | 19.1 M |
EN Shoham Technical Analysis
EN Shoham's future price can be derived by breaking down and analyzing its technical indicators over time. SHOM Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of EN Shoham Business. In general, you should focus on analyzing SHOM Stock price patterns and their correlations with different microeconomic environments and drivers.
EN Shoham Predictive Forecast Models
EN Shoham's time-series forecasting models is one of many EN Shoham's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary EN Shoham's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about EN Shoham Business
Checking the ongoing alerts about EN Shoham for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for EN Shoham Business help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| EN Shoham Business has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| EN Shoham Business has accumulated about 4.26 M in cash with (219.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Roughly 44.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in SHOM Stock
EN Shoham financial ratios help investors to determine whether SHOM Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SHOM with respect to the benefits of owning EN Shoham security.