|Current Price||Horizon||Target Price||Above Odds||Below 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
Odds to stay under $ 3,024 after 30 days