Itay Financial (Israel) Probability of Future Stock Price Finishing Under 262.03
| ITYF Stock | ILS 352.00 24.20 7.38% |
Itay |
Itay Financial Target Price Odds to finish below 262.03
The tendency of Itay 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 262.03 or more in 90 days |
| 352.00 | 90 days | 262.03 | about 31.82 |
Based on a normal probability distribution, the odds of Itay Financial to drop to S 262.03 or more in 90 days from now is about 31.82 (This Itay Financial AA probability density function shows the probability of Itay Stock to fall within a particular range of prices over 90 days) . Probability of Itay Financial AA price to stay between S 262.03 and its current price of S352.0 at the end of the 90-day period is about 66.58 .
Assuming the 90 days trading horizon Itay Financial AA has a beta of -0.68. This usually indicates as returns on the benchmark increase, returns on holding Itay Financial are expected to decrease at a much lower rate. During a bear market, however, Itay Financial AA is likely to outperform the market. Additionally Itay Financial AA has an alpha of 0.8555, implying that it can generate a 0.86 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Itay Financial Price Density |
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Predictive Modules for Itay Financial
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Itay Financial AA. 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.Itay Financial Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Itay Financial is not an exception. The market had few large corrections towards the Itay Financial'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 Itay Financial AA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Itay Financial within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.86 | |
β | Beta against Dow Jones | -0.68 | |
σ | Overall volatility | 34.05 | |
Ir | Information ratio | 0.11 |
Itay Financial 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 Itay Financial for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Itay Financial AA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Itay Financial AA appears to be risky and price may revert if volatility continues | |
| Itay Financial AA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Itay Financial Technical Analysis
Itay Financial's future price can be derived by breaking down and analyzing its technical indicators over time. Itay Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Itay Financial AA. In general, you should focus on analyzing Itay Stock price patterns and their correlations with different microeconomic environments and drivers.
Itay Financial Predictive Forecast Models
Itay Financial's time-series forecasting models is one of many Itay Financial'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 Itay Financial'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 Itay Financial AA
Checking the ongoing alerts about Itay Financial for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Itay Financial AA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Itay Financial AA appears to be risky and price may revert if volatility continues | |
| Itay Financial AA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations |
Other Information on Investing in Itay Stock
Itay Financial financial ratios help investors to determine whether Itay 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 Itay with respect to the benefits of owning Itay Financial security.