Alcoa Probability of Target Price

    Alcoa Corporation -- USA Stock  

    USD 44.92  0.41  0.90%

    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.
    Investment Horizon     30 Days    Login   to change
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    Odds Analysis

    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.
    0.0%
    Odds
     Alcoa Price Density 
     
     Prices     
    Current Price   Target Price   
    α
    Alpha over DOW
    = 0.00 
    βBeta against DOW= 0.00 
    σ
    Overall volatility
    = 0.00 
     IrInformation ratio = 0.00 

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