Adams Resources Probability of Target Price Finishing Above 42.0

Adams Resources Energy Inc -- USA Stock  

USD 38.16  0.84  2.15%

Adams Resources probability of target price tool provides mechanism to make assumptions about upside and downside potential of Adams Resources Energy Inc 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 PriceAbove OddsBelow Odds
 38.16 30 days 42.00  about 44.81% about 54.92%
Based on normal probability distribution, the odds of Adams Resources to stay under $ 42.00  after 30 days from now is about 54.92%. Probability of Adams Resources Energy price to stay between its current price of $ 38.16  and $ 42.00  at the end of the 30-day period is about 52.49%.
Allowing for the 30-days total investment horizon, Adams Resources Energy Inc has beta of -0.0779 . This suggests as returns on benchmark increase, returns on holding Adams Resources are expected to decrease at a much smaller rate. During bear market, however, Adams Resources Energy Inc is likely to outperform the market. Additionally Adams Resources Energy Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Odds to stay under $ 42.00  after 30 days
 Adams Resources Price Density 
Current Price   Target Price   
Alpha over DOW
Beta against DOW=0.08
Overall volatility
Information ratio =0.14