Dell Technologies Probability of Target Price Finishing Above 78.22

Dell Technologies Inc Class V -- USA Stock  

USD 80.26  1.01  1.27%

Dell Technologies probability of target price tool provides mechanism to make assumptions about upside and downside potential of Dell Technologies Inc Class V performance during a given time horizon utilizing its historical volatility. Please specify Dell Technologies time horizon, a valid symbol (red box) and a target price (blue box) you would like Dell Technologies odds to be computed. Additionally see Dell Technologies Backtesting, Dell Technologies Valuation, Dell Technologies Correlation, Dell Technologies Hype Analysis, Dell Technologies Volatility, Dell Technologies History as well as Dell Technologies Performance
Investment Horizon     30 Days    Login   to change
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Dell Technologies Target Price Odds to finish below 78.22

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 80.26 30 days 78.22  about 69.91% about 29.79%
Based on normal probability distribution, the odds of Dell Technologies to drop to $ 78.22  or more in 30 days from now is about 29.79%. Probability of Dell Technologies C price to stay between $ 78.22  and its current price of $80.26 at the end of the 30-day period is about 30.0%.
Given the investment horizon of 30 days, Dell Technologies has beta of 0.5523 suggesting as returns on market go up, Dell Technologies average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Dell Technologies Inc Class V will be expected to be much smaller as well. Additionally Dell Technologies Inc Class V has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
30.0%
Odds to drop to $ 78.22  or more in 30 days
 Dell Technologies Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.28
βBeta against DOW=0.55
σ
Overall volatility
=2.62
 IrInformation ratio =0.17