Digimarc Probability of Target Price Finishing Above 36.35

DMRC -- USA Stock  

USD 31.85  0.05  0.16%

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.
 Time 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
 31.85 30 days 36.35  CLOSE TO 99%
Based on normal probability distribution, the odds of Digimarc to stay under $ 36.35  after 30 days from now is close to 99% (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 $ 31.85  and $ 36.35  at the end of the 30-day period is about 5.54%.
Given the investment horizon of 30 days, Digimarc has beta of 0.0 suggesting unless we do not have required data, the returns on DOW and Digimarc are completely uncorrelated. Additionally Digimarc CorporationIt does not look like Digimarc alpha can have any bearing on the equity current valuation.
 Digimarc Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=1.38
Ir
Information ratio =0.26

Digimarc Alerts

Digimarc Alerts and Suggestions
The company reported previous year revenue of 24.73 M. Net Loss for the year was (27.66 M) with profit before overhead, payroll, taxes, and interest of 16.66 M.
DIGIMARC CORP currently holds about 63.67 M in cash with (18.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.64.
Roughly 56.0% of the company shares are held by institutions such as insurance companies
Latest headline from flintdaily.com: Digimarc exotic insider transaction detected

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Additionally see Digimarc Backtesting, Digimarc Valuation, Digimarc Correlation, Digimarc Hype Analysis, Digimarc Volatility, Digimarc History as well as Digimarc Performance. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.