Brunswick Probability of Target Price Finishing Above 57.65

Brunswick Corporation -- USA Stock  

USD 59.50  1.77  2.89%

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

Brunswick Target Price Odds to finish below 57.65

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 59.50 30 days 57.65  about 92.72% about 7.13%
Based on normal probability distribution, the odds of Brunswick to drop to $ 57.65  or more in 30 days from now is about 7.13% (This Brunswick Corporation probability density function shows the probability of Brunswick Stock to fall within a particular range of prices over 30 days) . Probability of Brunswick price to stay between $ 57.65  and its current price of $59.5 at the end of the 30-day period is about 34.97%.
Allowing for the 30-days total investment horizon, Brunswick has beta of 0.2822 . This suggests as returns on market go up, Brunswick average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Brunswick Corporation will be expected to be much smaller as well. Additionally Brunswick Corporation has an alpha of 0.03415685182727274 implying that it can potentially generate 0.03415685182727274% excess return over DOW after adjusting for the inherited market risk (beta).
7.0%
Odds to drop to $ 57.65  or more in 30 days
 Brunswick Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.034157
β
Beta against DOW=0.28
σ
Overall volatility
=1.47
Ir
Information ratio =0.039324

Did you try this?

Run Crypto Portfolio Optimizer Now
   

Crypto Portfolio Optimizer

Optimize portfolio of digital coins and token across multiple currency and exchanges
Hide  View All  NextLaunch Crypto Portfolio Optimizer

BATS Exchange Efficient Frontier

Diversify in USA Market
The main assumption in equity investing is that a higher degree of volatility (or risk) means a higher potential (or expected) return on investment. Conversely, investors who take on a low degree of risk have a low expection for return.
Diversify Portfolios
You can create optimal portfolios in USA market or optimize your existing portfolio in one of two ways: 1) For any level of risk, select the one which has the highest expected return. 2) For any expected return, select the one which has the lowest volatility.
Diversify Portfolios
Check also Brunswick Backtesting, Brunswick Valuation, Brunswick Correlation, Brunswick Hype Analysis, Brunswick Volatility, Brunswick History as well as Brunswick Performance. Please also try Portfolio Reporting module to create custom reports across your portfolios and generate quick suggestion pitch.