Digimarc Probability of Target Price Finishing Above 36.35

DMRC -- USA Stock  

USD 30.55  0.55  1.83%

Digimarc probability of target price tool provides mechanism to make assumptions about upside and downside potential of Digimarc Corporation performance during a given time horizon utilizing its historical volatility. Please specify Digimarc time horizon, a valid symbol (red box) and a target price (blue box) you would like Digimarc odds to be computed. Additionally see Digimarc Backtesting, Digimarc Valuation, Digimarc Correlation, Digimarc Hype Analysis, Digimarc Volatility, Digimarc History as well as Digimarc Performance.
Horizon     30 Days    Login   to change
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Digimarc Target Price Odds to finish below 36.35

Current PriceHorizonTarget PriceOdds to stay under $ 36.35  after 30 days
 30.55 30 days 36.35  ABOUT 87.18%
Based on normal probability distribution, the odds of Digimarc to stay under $ 36.35  after 30 days from now is about 87.18% (This Digimarc Corporation probability density function shows the probability of Digimarc Stock to fall within a particular range of prices over 30 days) . Probability of Digimarc price to stay between its current price of $ 30.55  and $ 36.35  at the end of the 30-day period is about 15.69%.
Given the investment horizon of 30 days, Digimarc Corporation has beta of -1.5099 suggesting as returns on its benchmark rise, returns on holding Digimarc Corporation are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Digimarc is expected to outperform its benchmark. Additionally Digimarc Corporation has an alpha of 0.8662 implying that it can potentially generate 0.8662% excess return over DOW after adjusting for the inherited market risk (beta).
 Digimarc Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.87
β
Beta against DOW=1.51
σ
Overall volatility
=10.21
Ir
Information ratio =0.26

Digimarc Alerts

Digimarc Alerts and Suggestions

The company reported previous year revenue of 24.59 M. Net Loss for the year was (28.76 M) with profit before overhead, payroll, taxes, and interest of 15.19 M.
DIGIMARC CORP currently holds about 56.78 M in cash with (19.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.99.
Roughly 60.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.thewellesleysnews.com: Analyst Stock Recommendations For Digimarc Corporation , BioTime, Inc.

Price Density Drivers

Digimarc Health Indicators

Shares Percent Shares Out13.98%
Trailing Annual Dividend Rate0.00
Short Percent Of Float14.55%
Float Shares10.06M
Average Daily Volume Last 10 Day51.48k
Shares Short Prior Month1.54M
Average Daily Volume In Three Month57.73k
Date Short InterestAugust 15, 2018
Trailing Annual Dividend Yield0.00%
Additionally see Digimarc Backtesting, Digimarc Valuation, Digimarc Correlation, Digimarc Hype Analysis, Digimarc Volatility, Digimarc History as well as Digimarc Performance. Please also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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