Deere Probability of Target Price Finishing Above 128.33

DE -- USA Stock  

USD 139.21  2.04  1.49%

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

Deere Target Price Odds to finish below 128.33

Current PriceHorizonTarget PriceOdds to drop to $ 128.33  or more in 30 days
 139.21 30 days 128.33  NEAR 1%
Based on normal probability distribution, the odds of Deere to drop to $ 128.33  or more in 30 days from now is near 1% (This Deere Company probability density function shows the probability of Deere Stock to fall within a particular range of prices over 30 days) . Probability of Deere Company price to stay between $ 128.33  and its current price of $139.21 at the end of the 30-day period is about 30.41%.
Allowing for the 30-days total investment horizon, Deere has beta of 0.5749 suggesting as returns on market go up, Deere average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Deere Company will be expected to be much smaller as well. Additionally Deere Company has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Deere Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.3
β
Beta against DOW=0.57
σ
Overall volatility
=2.27
Ir
Information ratio =0.26

Deere Alerts

Deere Alerts and Suggestions
Deere Company generates negative expected return over the last 30 days
Deere Company has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its debt commitments
DEERE CO reports about 3.1 B in cash with (248.34 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.56.
Over 80.0% of the company shares are held by institutions such as insurance companies
On June 28, 2018 Deere paid $ 0.69 per share dividend to its current shareholders
Latest headline from www.thewellesleysnews.com: Analyst Stock Ratings Deere Company , Service Corporation International
Additionally see Deere Backtesting, Deere Valuation, Deere Correlation, Deere Hype Analysis, Deere Volatility, Deere History as well as Deere Performance. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.
vendors/bower_components/jquery.easy-pie-chart/dist/jquery.easypiechart.min.js">