Edwards Lifesciences Probability of Target Price Finishing Above 110.22

EW -- USA Stock  

USD 150.28  2.34  1.53%

Edwards Lifesciences probability of target price tool provides mechanism to make assumptions about upside and downside potential of Edwards Lifesciences Corporation performance during a given time horizon utilizing its historical volatility. Please specify Edwards Lifesciences time horizon, a valid symbol (red box) and a target price (blue box) you would like Edwards Lifesciences odds to be computed. Additionally see Edwards Lifesciences Backtesting, Edwards Lifesciences Valuation, Edwards Lifesciences Correlation, Edwards Lifesciences Hype Analysis, Edwards Lifesciences Volatility, Edwards Lifesciences History as well as Edwards Lifesciences Performance.
 Time Horizon     30 Days    Login   to change
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Edwards Lifesciences Target Price Odds to finish below 110.22

Current PriceHorizonTarget PriceOdds to drop to $ 110.22  or more in 30 days
 150.28 30 days 110.22  NEAR 1%
Based on normal probability distribution, the odds of Edwards Lifesciences to drop to $ 110.22  or more in 30 days from now is near 1% (This Edwards Lifesciences Corporation probability density function shows the probability of Edwards Lifesciences Stock to fall within a particular range of prices over 30 days) . Probability of Edwards Lifesciences price to stay between $ 110.22  and its current price of $150.28 at the end of the 30-day period is about 75.37%.
Allowing for the 30-days total investment horizon, Edwards Lifesciences Corporation has beta of -0.5217 suggesting as returns on benchmark increase, returns on holding Edwards Lifesciences are expected to decrease at a much smaller rate. During bear market, however, Edwards Lifesciences Corporation is likely to outperform the market. Additionally Edwards Lifesciences Corporation has an alpha of 0.0101 implying that it can potentially generate 0.0101% excess return over DOW after adjusting for the inherited market risk (beta).
 Edwards Lifesciences Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.010099
β
Beta against DOW=0.52
σ
Overall volatility
=2.75
Ir
Information ratio =0.11

Edwards Lifesciences Alerts

Edwards Lifesciences Alerts and Suggestions
Additionally see Edwards Lifesciences Backtesting, Edwards Lifesciences Valuation, Edwards Lifesciences Correlation, Edwards Lifesciences Hype Analysis, Edwards Lifesciences Volatility, Edwards Lifesciences History as well as Edwards Lifesciences Performance. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
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