Ampco Pittsburgh Probability of Target Price Finishing Above 17.0

AP -- USA Stock  

USD 7.25  0.30  4.32%

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.
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
 7.25 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 $ 7.25  and $ 17.00  at the end of the 30-day period is about 70.39%.
Allowing for the 30-days total investment horizon, Ampco Pittsburgh Corporation has beta of -1.4598 . This suggests as returns on its benchmark rise, returns on holding Ampco Pittsburgh Corporation are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Ampco Pittsburgh is expected to outperform its benchmark. Additionally Ampco Pittsburgh Corporation has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Ampco Pittsburgh Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.16
β
Beta against DOW=1.46
σ
Overall volatility
=0.30
Ir
Information ratio =0.15

Ampco Pittsburgh Alerts

Ampco Pittsburgh Alerts and Suggestions

Ampco Pittsburgh generates negative expected return over the last 30 days
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: Exercise or conversion by Rodney Scagline of 1908 shares of Ampco Pittsburgh subject to Rule 16b-3

Price Density Drivers

Ampco Pittsburgh Health Indicators

Shares Percent Shares Out2.44%
Trailing Annual Dividend Rate0.00
Short Percent Of Float3.83%
Float Shares8.96M
Average Daily Volume Last 10 Day40.18k
Shares Short Prior Month535.95k
Average Daily Volume In Three Month42.25k
Date Short InterestJuly 13, 2018
Trailing Annual Dividend Yield0.00%
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 Equity Valuation module to check real value of public entities based on technical and fundamental data.
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