Broadridge Financial Probability of Target Price Finishing Above 81.68

BR -- USA Stock  

USD 132.66  2.69  1.99%

Broadridge Financial probability of target price tool provides mechanism to make assumptions about upside and downside potential of Broadridge Financial Solutions performance during a given time horizon utilizing its historical volatility. Please specify Broadridge Financial time horizon, a valid symbol (red box) and a target price (blue box) you would like Broadridge Financial odds to be computed. Check also Broadridge Financial Backtesting, Broadridge Financial Valuation, Broadridge Financial Correlation, Broadridge Financial Hype Analysis, Broadridge Financial Volatility, Broadridge Financial History as well as Broadridge Financial Performance.
Horizon     30 Days    Login   to change
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Broadridge Financial Target Price Odds to finish below 81.68

Current PriceHorizonTarget PriceOdds to drop to $ 81.68  or more in 30 days
 132.66 30 days 81.68  NEAR 1%
Based on normal probability distribution, the odds of Broadridge Financial to drop to $ 81.68  or more in 30 days from now is near 1% (This Broadridge Financial Solutions probability density function shows the probability of Broadridge Financial Stock to fall within a particular range of prices over 30 days) . Probability of Broadridge Financial price to stay between $ 81.68  and its current price of $132.66 at the end of the 30-day period is about 9.52%.
Allowing for the 30-days total investment horizon, Broadridge Financial Solutions has beta of -0.63 . This suggests as returns on benchmark increase, returns on holding Broadridge Financial are expected to decrease at a much smaller rate. During bear market, however, Broadridge Financial Solutions is likely to outperform the market. Additionally Broadridge Financial Solutions has an alpha of 0.0302 implying that it can potentially generate 0.0302% excess return over DOW after adjusting for the inherited market risk (beta).
 Broadridge Financial Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.030248
β
Beta against DOW=0.63
σ
Overall volatility
=1.78
Ir
Information ratio =0.12

Broadridge Financial Alerts

Broadridge Financial Alerts and Suggestions

Broadridge Financial generates negative expected return over the last 30 days
Broadridge Financial has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its debt commitments
About 44.0% of the company shares are held by company insiders
On September 17, 2018 Broadridge Financial paid $ 0.485 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Acquisition by Alan Weber of 15100 shares of Broadridge Financial subject to Rule 16b-3

Price Density Drivers

Broadridge Financial Health Indicators

Shares Percent Shares Out2.58%
Trailing Annual Dividend Rate1.46
Short Percent Of Float2.90%
Float Shares115.55M
Shares Short Prior Month2.82M
Average Daily Volume Last 10 Day760.95k
Average Daily Volume In Three Month1.31M
Date Short InterestMay 1, 7018
Trailing Annual Dividend Yield1.10%
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