Alcoa Probability of Target Price Finishing Above 32.55

    AA -- USA Stock  

    USD 44.82  0.45  0.99%

    Alcoa probability of target price tool provides mechanism to make assumptions about upside and downside potential of Alcoa Corporation performance during a given time horizon utilizing its historical volatility. Please specify Alcoa time horizon, a valid symbol (red box) and a target price (blue box) you would like Alcoa odds to be computed. Check also Trending Equities.
     Time Horizon     30 Days    Login   to change
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    Alcoa Target Price Odds to finish below 32.55

    Current PriceHorizonTarget PriceOdds to drop to $ 32.55  or more in 30 days
     44.82 30 days 32.55  ABOUT 0.0%
    Based on normal probability distribution, the odds of Alcoa to drop to $ 32.55  or more in 30 days from now is about 0.0% (This Alcoa Corporation probability density function shows the probability of Alcoa Stock to fall within a particular range of prices over 30 days) . Probability of Alcoa price to stay between $ 32.55  and its current price of $44.82 at the end of the 30-day period is about 0.0%.
    Allowing for the 30-days total investment horizon, Alcoa has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and Alcoa are completely uncorrelated. Additionally Alcoa CorporationIt does not look like Alcoa alpha can have any bearing on the equity current valuation.
     Alcoa Price Density 
    Current Price   Target Price   
    Alpha over DOW
    Beta against DOW=0.00
    Overall volatility
    Information ratio =0.00

    Alcoa Alerts

    Alcoa Alerts and Suggestions
    Alcoa has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its debt commitments

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