Apple Probability of Target Price

Apple probability of target price tool provides mechanism to make assumptions about upside and downside potential of Apple Inc performance during a given time horizon utilizing its historical volatility. Please specify Apple time horizon, a valid symbol (red box) and a target price (blue box) you would like Apple odds to be computed. Check also Apple Backtesting, Apple Valuation, Apple Correlation, Apple Hype Analysis, Apple Volatility, Apple History as well as Apple Performance
Investment Horizon     30 Days    Login   to change
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Odds Analysis

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 146.28 30 days 155.61  about 10.03% about 89.8%
Based on normal probability distribution, the odds of Apple to move over  155.61  or more in 30 days from now is about 10.03%. Probability of Apple Inc price to stay between its current price of  146.28  and  155.61  at the end of the 30-day period is about 68.46%.
Given the investment horizon of 30 days, Apple has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and Apple are completely uncorrelated. Additionally Apple IncIt does not look like Apple alpha can have any bearing on the equity current valuation.
10.0%
Odds to move over  155.61  or more in 30 days
 Apple Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
= 0.00 
βBeta against DOW= 0.00 
σ
Overall volatility
= 4.51 
 IrInformation ratio =(0.15)