Ingram Micro Probability of Target Price

Ingram Micro Inc -- USA Stock  

USD 2,972  0.00  0.00%

Ingram Micro probability of target price tool provides mechanism to make assumptions about upside and downside potential of Ingram Micro Inc performance during a given time horizon utilizing its historical volatility. Please specify Ingram Micro time horizon, a valid symbol (red box) and a target price (blue box) you would like Ingram Micro odds to be computed. Please also check Risk vs Return Analysis.
Investment Horizon     30 Days    Login   to change
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Odds Analysis

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 2,972 30 days 3,024  about 44.67% about 54.29%
Based on normal probability distribution, the odds of Ingram Micro to stay under $ 3,024  after 30 days from now is about 54.29%. Probability of Ingram Micro Inc price to stay between its current price of $ 2,972  and $ 3,024  at the end of the 30-day period is about 50.17%.
Allowing for the 30-days total investment horizon, Ingram Micro Inc has beta of -0.4728 . This indicates as returns on benchmark increase, returns on holding Ingram Micro are expected to decrease at a much smaller rate. During bear market, however, Ingram Micro Inc is likely to outperform the market. Additionally Ingram Micro Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
54.0%
Odds to stay under $ 3,024  after 30 days
 Ingram Micro Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=(0.0712) 
βBeta against DOW=(0.47) 
σ
Overall volatility
= 29.25 
 IrInformation ratio =(0.71) 

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