Deutsche Bank Probability of Target Price Finishing Above 16.79

Deutsche Bank AG -- USA Stock  

USD 16.08  0.03  0.19%

Deutsche Bank probability of target price tool provides mechanism to make assumptions about upside and downside potential of Deutsche Bank AG performance during a given time horizon utilizing its historical volatility. Please specify Deutsche Bank time horizon, a valid symbol (red box) and a target price (blue box) you would like Deutsche Bank odds to be computed. Additionally see Deutsche Bank Backtesting, Deutsche Bank Valuation, Deutsche Bank Correlation, Deutsche Bank Hype Analysis, Deutsche Bank Volatility, Deutsche Bank History as well as Deutsche Bank Performance
 Time Horizon     30 Days    Login   to change
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Deutsche Bank Target Price Odds to finish below 16.79

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 16.08 30 days 16.79  about 69.63% about 30.23%
Based on normal probability distribution, the odds of Deutsche Bank to stay under $ 16.79  after 30 days from now is about 30.23%. Probability of Deutsche Bank AG price to stay between its current price of $ 16.08  and $ 16.79  at the end of the 30-day period is about 13.72%.
Allowing for the 30-days total investment horizon, the stock has beta coefficient of 1.1559 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Deutsche Bank will likely underperform. Additionally Deutsche Bank AG has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
30.0%
Odds to stay under $ 16.79  after 30 days
 Deutsche Bank Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.46
β
Beta against DOW=1.16
σ
Overall volatility
=1.56
Ir
Information ratio =0.18