|Current Price||Horizon||Target Price||Odds 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
| || |
|Current Price || ||Target Price || |