Adams Resources Probability of Target Price Finishing Above 42.0

AE -- USA Stock  

USD 40.23  0.34  0.84%

Adams Resources probability of target price tool provides mechanism to make assumptions about upside and downside potential of Adams Resources Energy performance during a given time horizon utilizing its historical volatility. Please specify Adams Resources time horizon, a valid symbol (red box) and a target price (blue box) you would like Adams Resources odds to be computed. Check also Adams Resources Backtesting, Adams Resources Valuation, Adams Resources Correlation, Adams Resources Hype Analysis, Adams Resources Volatility, Adams Resources History as well as Adams Resources Performance.
 Time Horizon     30 Days    Login   to change
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Adams Resources Target Price Odds to finish below 42.0

Current PriceHorizonTarget PriceOdds to stay under $ 42.00  after 30 days
 40.23 30 days 42.00  ABOUT 64.91%
Based on normal probability distribution, the odds of Adams Resources to stay under $ 42.00  after 30 days from now is about 64.91% (This Adams Resources Energy probability density function shows the probability of Adams Resources Stock to fall within a particular range of prices over 30 days) . Probability of Adams Resources Energy price to stay between its current price of $ 40.23  and $ 42.00  at the end of the 30-day period is about 51.45%.
Allowing for the 30-days total investment horizon, Adams Resources has beta of 0.0386 . This suggests as returns on market go up, Adams Resources average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Adams Resources Energy will be expected to be much smaller as well. Additionally Adams Resources Energy has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Adams Resources Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.14
β
Beta against DOW=0.0386
σ
Overall volatility
=1.19
Ir
Information ratio =0.15

Adams Resources Alerts

Adams Resources Alerts and Suggestions
Adams Resources generates negative expected return over the last 30 days
About 49.0% of the company shares are held by company insiders
On May 31, 2018 Adams Resources paid $ 0.22 per share dividend to its current shareholders
Latest headline from kldaily.com: Institutional Investor Sentiment About Conocophillips Improved
Check also Adams Resources Backtesting, Adams Resources Valuation, Adams Resources Correlation, Adams Resources Hype Analysis, Adams Resources Volatility, Adams Resources History as well as Adams Resources Performance. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.