CDK Global Probability of Target Price Finishing Above 64.66

CDK -- USA Stock  

USD 65.84  0.03  0.0455%

CDK Global probability of target price tool provides mechanism to make assumptions about upside and downside potential of CDK Global performance during a given time horizon utilizing its historical volatility. Please specify CDK Global time horizon, a valid symbol (red box) and a target price (blue box) you would like CDK Global odds to be computed. Check also CDK Global Backtesting, CDK Global Valuation, CDK Global Correlation, CDK Global Hype Analysis, CDK Global Volatility, CDK Global History as well as CDK Global Performance.
 Time Horizon     30 Days    Login   to change
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CDK Global Target Price Odds to finish below 64.66

Current PriceHorizonTarget PriceOdds to drop to $ 64.66  or more in 30 days
 65.84 30 days 64.66  ABOUT 43.45%
Based on normal probability distribution, the odds of CDK Global to drop to $ 64.66  or more in 30 days from now is about 43.45% (This CDK Global probability density function shows the probability of CDK Global Stock to fall within a particular range of prices over 30 days) . Probability of CDK Global price to stay between $ 64.66  and its current price of $65.84 at the end of the 30-day period is about 46.16%.
Considering 30-days investment horizon, CDK Global has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and CDK Global are completely uncorrelated. Additionally CDK GlobalIt does not look like CDK Global alpha can have any bearing on the equity current valuation.
 CDK Global Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.81
Ir
Information ratio =0.18

CDK Global Alerts

CDK Global Alerts and Suggestions
Over 88.0% of the company shares are held by institutions such as insurance companies
On June 18, 2018 CDK Global paid $ 0.15 per share dividend to its current shareholders
Latest headline from www.thestocksnews.com: CDK Global, Inc. stock moves -1.38 percent Monthly Low Performance

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Check also CDK Global Backtesting, CDK Global Valuation, CDK Global Correlation, CDK Global Hype Analysis, CDK Global Volatility, CDK Global History as well as CDK Global Performance. Please also try Portfolio Quick Import module to import or update all your transactions via one easy-to-use interface.