CA Probability of Target Price Finishing Above 33.86

CA -- USA Stock  

USD 44.05  0.035  0.08%

CA probability of target price tool provides mechanism to make assumptions about upside and downside potential of CA performance during a given time horizon utilizing its historical volatility. Please specify CA time horizon, a valid symbol (red box) and a target price (blue box) you would like CA odds to be computed. Check also CA Backtesting, CA Valuation, CA Correlation, CA Hype Analysis, CA Volatility, CA History as well as CA Performance.
Horizon     30 Days    Login   to change
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CA Target Price Odds to finish below 33.86

Current PriceHorizonTarget PriceOdds to drop to $ 33.86  or more in 30 days
 44.05 30 days 33.86  ABOUT 39.69%
Based on normal probability distribution, the odds of CA to drop to $ 33.86  or more in 30 days from now is about 39.69% (This CA probability density function shows the probability of CA Stock to fall within a particular range of prices over 30 days) . Probability of CA price to stay between $ 33.86  and its current price of $44.05 at the end of the 30-day period is about 25.86%.
Allowing for the 30-days total investment horizon, CA has beta of -0.0902 . This suggests as returns on benchmark increase, returns on holding CA are expected to decrease at a much smaller rate. During bear market, however, CA is likely to outperform the market. Additionally CA has an alpha of 0.0191 implying that it can potentially generate 0.0191% excess return over DOW after adjusting for the inherited market risk (beta).
 CA Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.019114
β
Beta against DOW=0.09
σ
Overall volatility
=15.40
Ir
Information ratio =0.59

CA Alerts

CA Alerts and Suggestions

CA INC reports about 3.33 B in cash with (526.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.96.
Roughly 72.0% of the company shares are held by institutions such as insurance companies
On August 22, 2018 CA paid $ 0.255 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Acquisition by Adam Elster of 41295 shares of CA subject to Rule 16b-3

Price Density Drivers

CA Health Indicators

Shares Percent Shares Out4.32%
Trailing Annual Dividend Rate1.02
Short Percent Of Float5.76%
Float Shares313.4M
Shares Short Prior Month13.45M
Average Daily Volume Last 10 Day2.56M
Average Daily Volume In Three Month5.55M
Date Short InterestAugust 15, 2018
Trailing Annual Dividend Yield2.32%
Check also CA Backtesting, CA Valuation, CA Correlation, CA Hype Analysis, CA Volatility, CA History as well as CA Performance. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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