|Current Price||Horizon||Target Price||Odds 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).
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