Cinemark Holdings Probability of Target Price Finishing Above 37.68

Cinemark Holdings Inc -- USA Stock  

USD 35.35  0.77  2.13%

Cinemark Holdings probability of target price tool provides mechanism to make assumptions about upside and downside potential of Cinemark Holdings Inc performance during a given time horizon utilizing its historical volatility. Please specify Cinemark Holdings time horizon, a valid symbol (red box) and a target price (blue box) you would like Cinemark Holdings odds to be computed. Check also Cinemark Holdings Backtesting, Cinemark Holdings Valuation, Cinemark Holdings Correlation, Cinemark Holdings Hype Analysis, Cinemark Holdings Volatility, Cinemark Holdings History as well as Cinemark Holdings Performance
Investment Horizon     30 Days    Login   to change
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Cinemark Holdings Target Price Odds to finish below 37.68

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 35.35 30 days 37.68  roughly 2.22% about 98.0%
Based on normal probability distribution, the odds of Cinemark Holdings to stay under $ 37.68  after 30 days from now is about 98.0%. Probability of Cinemark Holdings Inc price to stay between its current price of $ 35.35  and $ 37.68  at the end of the 30-day period is about 42.13%.
Considering 30-days investment horizon, Cinemark Holdings has beta of 0.0465 . This suggests as returns on market go up, Cinemark Holdings average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Cinemark Holdings Inc will be expected to be much smaller as well. Additionally Cinemark Holdings Inc has an alpha of 0.2062969417954545 implying that it can potentially generate 0.2062969417954545% excess return over DOW after adjusting for the inherited market risk (beta).
98.0%
Odds to stay under $ 37.68  after 30 days
 Cinemark Holdings Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.21
βBeta against DOW=0.0465
σ
Overall volatility
=1.25
 IrInformation ratio =0.02