AllianceBernstein Probability of Target Price Finishing Above 24.65

AllianceBernstein Holding L P -- USA Stock  

USD 26.35  0.15  0.57%

AllianceBernstein probability of target price tool provides mechanism to make assumptions about upside and downside potential of AllianceBernstein Holding L P performance during a given time horizon utilizing its historical volatility. Please specify AllianceBernstein time horizon, a valid symbol (red box) and a target price (blue box) you would like AllianceBernstein odds to be computed. Check also AllianceBernstein Backtesting, AllianceBernstein Valuation, AllianceBernstein Correlation, AllianceBernstein Hype Analysis, AllianceBernstein Volatility, AllianceBernstein History as well as AllianceBernstein Performance.
 Time Horizon     30 Days    Login   to change
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AllianceBernstein Target Price Odds to finish below 24.65

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 26.35 30 days 24.65  close to 99% near 1%
Based on normal probability distribution, the odds of AllianceBernstein to drop to $ 24.65  or more in 30 days from now is near 1% (This AllianceBernstein Holding L P probability density function shows the probability of AllianceBernstein Stock to fall within a particular range of prices over 30 days) . Probability of AllianceBernstein Ho price to stay between $ 24.65  and its current price of $26.35 at the end of the 30-day period is about 22.27%.
Allowing for the 30-days total investment horizon, AllianceBernstein has beta of 0.1534 . This suggests as returns on market go up, AllianceBernstein average returns are expected to increase less than the benchmark. However during bear market, the loss on holding AllianceBernstein Holding L P will be expected to be much smaller as well. Additionally AllianceBernstein Holding L P has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
< 1%
Odds to drop to $ 24.65  or more in 30 days
 AllianceBernstein Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.09
β
Beta against DOW=0.15
σ
Overall volatility
=0.42
Ir
Information ratio =0.002432

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Check also AllianceBernstein Backtesting, AllianceBernstein Valuation, AllianceBernstein Correlation, AllianceBernstein Hype Analysis, AllianceBernstein Volatility, AllianceBernstein History as well as AllianceBernstein Performance. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.