Broadridge Financial Probability of Target Price

Broadridge Financial Solutions Inc -- USA Stock  

USD 82.99  0.11  0.13%

Broadridge Financial probability of target price tool provides mechanism to make assumptions about upside and downside potential of Broadridge Financial Solutions Inc 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
Investment Horizon     30 Days    Login   to change
Refresh Odds

Odds Analysis

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 82.99 30 days 81.68  about 37.22% about 62.08%
Based on normal probability distribution, the odds of Broadridge Financial to drop to $ 81.68  or more in 30 days from now is about 62.08%. Probability of Broadridge Financial price to stay between $ 81.68  and its current price of $82.99 at the end of the 30-day period is about 30.21%.
Allowing for the 30-days total investment horizon, Broadridge Financial Solutions Inc has beta of -0.24 . 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 Inc is likely to outperform the market. Additionally Broadridge Financial Solutions Inc has an alpha of 0.2553 implying that it can potentially generate 0.2553% excess return over DOW after adjusting for the inherited market risk (beta).
62.0%
Odds to drop to $ 81.68  or more in 30 days
 Broadridge Financial Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
= 0.26 
βBeta against DOW=(0.24) 
σ
Overall volatility
= 1.14 
 IrInformation ratio = 0.23