International Business Probability of Target Price Finishing Over 166.2

IBM -- USA Stock  

USD 129.10  1.45  1.11%

International Business probability of target price tool provides mechanism to make assumptions about upside and downside potential of International Business Machines Corporation performance during a given time horizon utilizing its historical volatility. Please specify International Business time horizon, a valid symbol (red box) and a target price (blue box) you would like International Business odds to be computed. Please also check International Business Backtesting, International Business Valuation, International Business Correlation, International Business Hype Analysis, International Business Volatility, International Business History as well as International Business Performance.
Horizon     30 Days    Login   to change
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International Business Target Price Odds to finish over 166.2

Current PriceHorizonTarget PriceOdds to move over $ 166.20  or more in 30 days
 129.10 30 days 166.20  NEAR 1%
Based on normal probability distribution, the odds of International Business to move over $ 166.20  or more in 30 days from now is near 1% (This International Business Machines Corporation probability density function shows the probability of International Business Stock to fall within a particular range of prices over 30 days) . Probability of International Business price to stay between its current price of $ 129.10  and $ 166.20  at the end of the 30-day period is about 98.0%.
Considering 30-days investment horizon, International Business has beta of 0.6484 . This indicates as returns on market go up, International Business average returns are expected to increase less than the benchmark. However during bear market, the loss on holding International Business Machines Corporation will be expected to be much smaller as well. Additionally International Business Machines Corporation has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 International Business Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.52
β
Beta against DOW=0.65
σ
Overall volatility
=7.54
Ir
Information ratio =0.19

International Business Alerts

International Business Alerts and Suggestions

International Business generates negative expected return over the last 30 days
International Business has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
About 58.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Sale by Virginia Rometty of 100 shares of International Business

Price Density Drivers

International Business Health Indicators

Shares Percent Shares Out2.30%
Trailing Annual Dividend Rate6.07
Short Percent Of Float2.28%
Float Shares912.14M
Shares Short Prior Month14.53M
Average Daily Volume Last 10 Day5.37M
Average Daily Volume In Three Month4.49M
Trailing Annual Dividend Yield4.37%
Please also check International Business Backtesting, International Business Valuation, International Business Correlation, International Business Hype Analysis, International Business Volatility, International Business History as well as International Business Performance. Please also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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