AllianceBernstein Probability of Target Price Finishing Above 24.65

AllianceBernstein Holding L P -- USA Stock  

USD 27.15  0.35  1.27%

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
 27.15 30 days 24.65  over 95.17% nearly 4.75%
Based on normal probability distribution, the odds of AllianceBernstein to drop to $ 24.65  or more in 30 days from now is nearly 4.75%. Probability of AllianceBernstein Ho price to stay between $ 24.65  and its current price of $27.15 at the end of the 30-day period is about 82.48%.
Allowing for the 30-days total investment horizon, the stock has beta coefficient of 1.0778 . This suggests AllianceBernstein Holding L P market returns are very sensitive to returns on the market. As the market benchmark goes up or down, AllianceBernstein is expected to follow. Additionally AllianceBernstein Holding L P has an alpha of 0.0758840874545455 implying that it can potentially generate 0.0758840874545455% excess return over DOW after adjusting for the inherited market risk (beta).
5.0%
Odds to drop to $ 24.65  or more in 30 days
 AllianceBernstein Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.075884
β
Beta against DOW=1.08
σ
Overall volatility
=0.89
Ir
Information ratio =0.083654