Ampco Pittsburgh Probability of Target Price Finishing Above 17.0

AP -- USA Stock  

USD 10.15  0.40  4.10%

Ampco Pittsburgh probability of target price tool provides mechanism to make assumptions about upside and downside potential of Ampco Pittsburgh Corporation performance during a given time horizon utilizing its historical volatility. Please specify Ampco Pittsburgh time horizon, a valid symbol (red box) and a target price (blue box) you would like Ampco Pittsburgh odds to be computed. Check also Ampco Pittsburgh Backtesting, Ampco Pittsburgh Valuation, Ampco Pittsburgh Correlation, Ampco Pittsburgh Hype Analysis, Ampco Pittsburgh Volatility, Ampco Pittsburgh History as well as Ampco Pittsburgh Performance.
 Time Horizon     30 Days    Login   to change
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Ampco Pittsburgh Target Price Odds to finish below 17.0

Current PriceHorizonTarget PriceOdds to stay under $ 17.00  after 30 days
 10.15 30 days 17.00  CLOSE TO 99%
Based on normal probability distribution, the odds of Ampco Pittsburgh to stay under $ 17.00  after 30 days from now is close to 99% (This Ampco Pittsburgh Corporation probability density function shows the probability of Ampco Pittsburgh Stock to fall within a particular range of prices over 30 days) . Probability of Ampco Pittsburgh price to stay between its current price of $ 10.15  and $ 17.00  at the end of the 30-day period is about 26.57%.
Allowing for the 30-days total investment horizon, Ampco Pittsburgh has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and Ampco Pittsburgh are completely uncorrelated. Additionally Ampco Pittsburgh CorporationIt does not look like Ampco Pittsburgh alpha can have any bearing on the equity current valuation.
 Ampco Pittsburgh Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.36
Ir
Information ratio =0.0042

Ampco Pittsburgh Alerts

Ampco Pittsburgh Alerts and Suggestions
Ampco Pittsburgh has very high historical volatility over the last 30 days
Ampco Pittsburgh has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its debt commitments
The company generated yearly revenue of 443.96 M. Annual Net Loss to common stockholders was (6.37 M) with gross profit of 74.73 M.
AMPCO PITTS CP reports about 22.95 M in cash with (21.2 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.86.
Roughly 59.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Sale by Louis Berkman Investment Co of 579 shares of Ampco Pittsburgh

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Check also Ampco Pittsburgh Backtesting, Ampco Pittsburgh Valuation, Ampco Pittsburgh Correlation, Ampco Pittsburgh Hype Analysis, Ampco Pittsburgh Volatility, Ampco Pittsburgh History as well as Ampco Pittsburgh Performance. Please also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.