International Business Probability of Target Price Finishing Over 166.2

International Business Machines Corporation -- USA Stock  

USD 144.90  2.80  1.90%

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.
 Time Horizon     30 Days    Login   to change
Refresh Odds

International Business Target Price Odds to finish over 166.2

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 144.90 30 days 166.20  near 1% close to 99%
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 $ 144.90  and $ 166.20  at the end of the 30-day period is close to 99%.
Considering 30-days investment horizon, International Business has beta of 0.0685 . 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
< 1%
Odds to move over $ 166.20  or more in 30 days
 International Business Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.16
β
Beta against DOW=0.0685
σ
Overall volatility
=3.63
Ir
Information ratio =0.04

Did you try this?

Run Commodity Channel Index Now
   

Commodity Channel Index

Use Commodity Channel Index to analyze current equity momentum
View All  Next Launch Commodity Channel Index

Generate Optimal Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations