Deutsche Bank Probability of Target Price Finishing Above 16.79

Deutsche Bank AG -- USA Stock  

USD 19.3  0.08  0.41%

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
Investment 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
 19.3 30 days 16.79  close to 100% near 1%
Based on normal probability distribution, the odds of Deutsche Bank to drop to $ 16.79  or more in 30 days from now is near 1%. Probability of Deutsche Bank AG price to stay between $ 16.79  and its current price of $19.3 at the end of the 30-day period is about 85.87%.
Allowing for the 30-days total investment horizon, Deutsche Bank has beta of 0.2633 suggesting as returns on market go up, Deutsche Bank average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Deutsche Bank AG will be expected to be much smaller as well. Additionally Deutsche Bank AG has an alpha of 0.4261257960772728 implying that it can potentially generate 0.4261257960772728% excess return over DOW after adjusting for the inherited market risk (beta).
< 1%
Odds to drop to $ 16.79  or more in 30 days
 Deutsche Bank Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.43
βBeta against DOW=0.26
σ
Overall volatility
=0.5
 IrInformation ratio =0.2