Brunswick Probability of Target Price

Brunswick Corporation -- USA Stock  

USD 58.06  1.05  1.78%

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
Investment Horizon     30 Days    Login   to change
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Odds Analysis

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 58.06 30 days 57.65  about 36.44% about 63.15%
Based on normal probability distribution, the odds of Brunswick to drop to $ 57.65  or more in 30 days from now is about 63.15%. Probability of Brunswick price to stay between $ 57.65  and its current price of $58.06 at the end of the 30-day period is about 10.09%.
Allowing for the 30-days total investment horizon, Brunswick Corporation has beta of -0.2717 . This suggests as returns on benchmark increase, returns on holding Brunswick are expected to decrease at a much smaller rate. During bear market, however, Brunswick Corporation is likely to outperform the market. Additionally Brunswick Corporation has an alpha of 0.2852849137227273 implying that it can potentially generate 0.2852849137227273% excess return over DOW after adjusting for the inherited market risk (beta).
63.0%
Odds to drop to $ 57.65  or more in 30 days
 Brunswick Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.29
βBeta against DOW=0.27
σ
Overall volatility
=1.43
 IrInformation ratio =0.056695