Broadridge Financial Probability of Target Price Finishing Above 81.68

Broadridge Financial Solutions Inc -- USA Stock  

USD 98.78  0.36  0.36%

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
 Time Horizon     30 Days    Login   to change
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Broadridge Financial Target Price Odds to finish below 81.68

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 98.78 30 days 81.68  close to 100% 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%. Probability of Broadridge Financial price to stay between $ 81.68  and its current price of $98.78 at the end of the 30-day period is about 87.94%.
Allowing for the 30-days total investment horizon, Broadridge Financial has beta of 0.6605 . This suggests as returns on market go up, Broadridge Financial average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Broadridge Financial Solutions Inc will be expected to be much smaller as well. Additionally Broadridge Financial Solutions Inc has an alpha of 0.26904182893181816 implying that it can potentially generate 0.26904182893181816% excess return over DOW after adjusting for the inherited market risk (beta).
< 1%
Odds to drop to $ 81.68  or more in 30 days
 Broadridge Financial Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.27
β
Beta against DOW=0.66
σ
Overall volatility
=2.74
Ir
Information ratio =0.25