|Current Price||Horizon||Target Price||Odds 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).
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