Citigroup Probability of Target Price Finishing Over 68.79775

Citigroup Inc -- USA Stock  

USD 76.84  0.27  0.35%

Citigroup probability of target price tool provides mechanism to make assumptions about upside and downside potential of Citigroup Inc performance during a given time horizon utilizing its historical volatility. Please specify Citigroup time horizon, a valid symbol (red box) and a target price (blue box) you would like Citigroup odds to be computed. Check also Citigroup Backtesting, Citigroup Valuation, Citigroup Correlation, Citigroup Hype Analysis, Citigroup Volatility, Citigroup History as well as Citigroup Performance
 Time Horizon     30 Days    Login   to change
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Citigroup Target Price Odds to finish over 68.79775

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 76.84 30 days 68.8  close to 100% near 1%
Based on normal probability distribution, the odds of Citigroup to stay above $ 68.8  in 30 days from now is close to 100%. Probability of Citigroup Inc price to stay between $ 68.8  and its current price of $76.84 at the end of the 30-day period is about 98.0%.
Taking into account the 30 trading days horizon, Citigroup Inc has beta of -0.1722 . This suggests as returns on benchmark increase, returns on holding Citigroup are expected to decrease at a much smaller rate. During bear market, however, Citigroup Inc is likely to outperform the market. Additionally Citigroup Inc has an alpha of 0.1507457153818182 implying that it can potentially generate 0.1507457153818182% excess return over DOW after adjusting for the inherited market risk (beta).
> 99%
Odds to stay above $ 68.8  in 30 days
 Citigroup Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.15
β
Beta against DOW=0.17
σ
Overall volatility
=0.77
Ir
Information ratio =0.12