Citigroup Probability of Target Price Finishing Above 72.25

Citigroup Inc -- USA Stock  

USD 76.27  0.81  1.05%

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 below 72.25

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 76.27 30 days 72.25  about 98.0% roughly 2.32%
Based on normal probability distribution, the odds of Citigroup to drop to $ 72.25  or more in 30 days from now is roughly 2.32%. Probability of Citigroup Inc price to stay between $ 72.25  and its current price of $76.27 at the end of the 30-day period is about 39.43%.
Taking into account the 30 trading days horizon, Citigroup Inc has beta of -0.3579 . 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 a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
2.0%
Odds to drop to $ 72.25  or more in 30 days
 Citigroup Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.23
β
Beta against DOW=0.36
σ
Overall volatility
=2.26
Ir
Information ratio =0.08343