Associated Capital Probability of Target Price Finishing Above 37.4

Associated Capital Group Inc -- USA Stock  

USD 36.05  0.3  0.84%

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
 Time Horizon     30 Days    Login   to change
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Associated Capital Target Price Odds to finish below 37.4

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 36.05 30 days 37.4  near 1% close to 100%
Based on normal probability distribution, the odds of Associated Capital to stay under $ 37.4  after 30 days from now is close to 100%. Probability of Associated Capital G price to stay between its current price of $ 36.05  and $ 37.4  at the end of the 30-day period is about 1.37%.
Allowing for the 30-days total investment horizon, the stock has beta coefficient of 1.7619 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Associated Capital will likely underperform. Additionally Associated Capital Group Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
> 99%
Odds to stay under $ 37.4  after 30 days
 Associated Capital Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.11
β
Beta against DOW=1.76
σ
Overall volatility
=0.71
Ir
Information ratio =0.039582