Associated Capital Probability of Target Price

Associated Capital Group Inc -- USA Stock  

USD 37.5  0.25  0.66%

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

Odds Analysis

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 37.5 30 days 37.4  about 30.09% about 69.56%
Based on normal probability distribution, the odds of Associated Capital to drop to $ 37.4  or more in 30 days from now is about 69.56%. Probability of Associated Capital G price to stay between $ 37.4  and its current price of $37.5 at the end of the 30-day period is under 4%.
Allowing for the 30-days total investment horizon, Associated Capital has beta of 0.0655 . This suggests as returns on market go up, Associated Capital average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Associated Capital Group Inc will be expected to be much smaller as well. Additionally Associated Capital Group Inc has an alpha of 0.39696966097727265 implying that it can potentially generate 0.39696966097727265% excess return over DOW after adjusting for the inherited market risk (beta).
70.0%
Odds to drop to $ 37.4  or more in 30 days
 Associated Capital Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.4
βBeta against DOW=0.0655
σ
Overall volatility
=1.03
 IrInformation ratio =0.16