Tikun Olam (Israel) Probability of Future Stock Price Finishing Over 41.49
| TKUN Stock | ILA 41.60 2.60 6.67% |
Tikun |
Tikun Olam Target Price Odds to finish over 41.49
The tendency of Tikun 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 stay above 41.49 in 90 days |
| 41.60 | 90 days | 41.49 | near 1 |
Based on a normal probability distribution, the odds of Tikun Olam to stay above 41.49 in 90 days from now is near 1 (This Tikun Olam Cannbit probability density function shows the probability of Tikun Stock to fall within a particular range of prices over 90 days) . Probability of Tikun Olam Cannbit price to stay between 41.49 and its current price of 41.6 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Tikun Olam Cannbit has a beta of -1.01. This usually implies Additionally Tikun Olam Cannbit has an alpha of 0.6629, implying that it can generate a 0.66 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Tikun Olam Price Density |
| Price |
Predictive Modules for Tikun Olam
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Tikun Olam Cannbit. 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.Tikun Olam Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Tikun Olam is not an exception. The market had few large corrections towards the Tikun Olam'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 Tikun Olam Cannbit, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Tikun Olam within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.66 | |
β | Beta against Dow Jones | -1.01 | |
σ | Overall volatility | 2.91 | |
Ir | Information ratio | 0.09 |
Tikun Olam 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 Tikun Olam for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Tikun Olam Cannbit can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Tikun Olam Cannbit is way too risky over 90 days horizon | |
| Tikun Olam Cannbit appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 37.03 M. Net Loss for the year was (32.65 M) with profit before overhead, payroll, taxes, and interest of 7.65 M. | |
| Tikun Olam Cannbit has accumulated about 6.1 M in cash with (23.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders |
Tikun Olam 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 Tikun Stock often depends not only on the future outlook of the current and potential Tikun Olam'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. Tikun Olam's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 45 M |
Tikun Olam Technical Analysis
Tikun Olam's future price can be derived by breaking down and analyzing its technical indicators over time. Tikun Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Tikun Olam Cannbit. In general, you should focus on analyzing Tikun Stock price patterns and their correlations with different microeconomic environments and drivers.
Tikun Olam Predictive Forecast Models
Tikun Olam's time-series forecasting models is one of many Tikun Olam'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 Tikun Olam'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 Tikun Olam Cannbit
Checking the ongoing alerts about Tikun Olam for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tikun Olam Cannbit help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Tikun Olam Cannbit is way too risky over 90 days horizon | |
| Tikun Olam Cannbit appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 37.03 M. Net Loss for the year was (32.65 M) with profit before overhead, payroll, taxes, and interest of 7.65 M. | |
| Tikun Olam Cannbit has accumulated about 6.1 M in cash with (23.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15. | |
| Roughly 34.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Tikun Stock
Tikun Olam financial ratios help investors to determine whether Tikun 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 Tikun with respect to the benefits of owning Tikun Olam security.