Alphabet Probability of Target Price Finishing Above 1126.0

GOOG -- USA Stock  

USD 1,031  14.64  1.44%

Alphabet probability of target price tool provides mechanism to make assumptions about upside and downside potential of Alphabet performance during a given time horizon utilizing its historical volatility. Please specify Alphabet time horizon, a valid symbol (red box) and a target price (blue box) you would like Alphabet odds to be computed. Please also check Alphabet Backtesting, Alphabet Valuation, Alphabet Correlation, Alphabet Hype Analysis, Alphabet Volatility, Alphabet History as well as Alphabet Performance.
Horizon     30 Days    Login   to change
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Alphabet Target Price Odds to finish below 1126.0

Current PriceHorizonTarget PriceOdds to stay under $ 1,126  after 30 days
 1,031 30 days 1,126  ABOUT 99.0%
Based on normal probability distribution, the odds of Alphabet to stay under $ 1,126  after 30 days from now is about 99.0% (This Alphabet probability density function shows the probability of Alphabet Stock to fall within a particular range of prices over 30 days) . Probability of Alphabet price to stay between its current price of $ 1,031  and $ 1,126  at the end of the 30-day period is about 86.19%.
Given the investment horizon of 30 days, the stock has beta coefficient of 1.4121 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Alphabet will likely underperform. Additionally Alphabet has an alpha of 0.0838 implying that it can potentially generate 0.0838% excess return over DOW after adjusting for the inherited market risk (beta).
 Alphabet Price Density 
      Price 
α
Alpha over DOW
=0.08
β
Beta against DOW=1.41
σ
Overall volatility
=28.01
Ir
Information ratio =0.007133

Alphabet Alerts

Alphabet Alerts and Suggestions

Alphabet generates negative expected return over the last 30 days
About 70.0% of the company shares are owned by institutional investors

Price Density Drivers

Alphabet Health Indicators

Shares Percent Shares Out0.33%
Float Shares603.56M
Shares Short Prior Month2.1M
Average Daily Volume Last 10 Day1.74M
Average Daily Volume In Three Month1.83M
Date Short InterestNovember 15, 2018
Please also check Alphabet Backtesting, Alphabet Valuation, Alphabet Correlation, Alphabet Hype Analysis, Alphabet Volatility, Alphabet History as well as Alphabet Performance. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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