Dover Downs Probability of Target Price Finishing Above 1.05

Dover Downs Gaming Entertainment Inc -- USA Stock  

USD 1.26  0.03  2.33%

Dover Downs probability of target price tool provides mechanism to make assumptions about upside and downside potential of Dover Downs Gaming Entertainment Inc performance during a given time horizon utilizing its historical volatility. Please specify Dover Downs time horizon, a valid symbol (red box) and a target price (blue box) you would like Dover Downs odds to be computed. Additionally see Dover Downs Backtesting, Dover Downs Valuation, Dover Downs Correlation, Dover Downs Hype Analysis, Dover Downs Volatility, Dover Downs History as well as Dover Downs Performance
 Time Horizon     30 Days    Login   to change
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Dover Downs Target Price Odds to finish below 1.05

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 1.26 30 days 1.05  close to 100% near 1%
Based on normal probability distribution, the odds of Dover Downs to drop to $ 1.05  or more in 30 days from now is near 1%. Probability of Dover Downs Gaming price to stay between $ 1.05  and its current price of $1.26 at the end of the 30-day period is about 20.59%.
Considering 30-days investment horizon, Dover Downs has beta of 0.9223 suggesting Dover Downs Gaming Entertainment Inc market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Dover Downs is expected to follow. Additionally Dover Downs Gaming Entertainment Inc has an alpha of 0.18618056531363636 implying that it can potentially generate 0.18618056531363636% excess return over DOW after adjusting for the inherited market risk (beta).
< 1%
Odds to drop to $ 1.05  or more in 30 days
 Dover Downs Price Density 
Current Price   Target Price   
Alpha over DOW
Beta against DOW=0.92
Overall volatility
Information ratio =0.09049