Adams Resources Probability of Target Price Finishing Above 42.0

Adams Resources Energy Inc -- USA Stock  

USD 49.72  0.38  0.76%

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
Investment 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
 49.72 30 days 42  about 91.15% about 8.77%
Based on normal probability distribution, the odds of Adams Resources to drop to $ 42  or more in 30 days from now is about 8.77%. Probability of Adams Resources Energy price to stay between $ 42  and its current price of $49.72 at the end of the 30-day period is about 83.72%.
Allowing for the 30-days total investment horizon, the stock has beta coefficient of 2.4525 . 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, Adams Resources will likely underperform. Additionally Adams Resources Energy Inc has an alpha of 0.39595621170454554 implying that it can potentially generate 0.39595621170454554% excess return over DOW after adjusting for the inherited market risk (beta).
9.0%
Odds to drop to $ 42  or more in 30 days
 Adams Resources Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.4
βBeta against DOW=2.45
σ
Overall volatility
=2.76
 IrInformation ratio =0.23