Ingram Micro Probability of Target Price Finishing Above 3023.61

Ingram Micro Inc -- USA Stock  

null 2,988  4.3  0.14%

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 Ingram Micro Backtesting, Ingram Micro Valuation, Ingram Micro Correlation, Ingram Micro Hype Analysis, Ingram Micro Volatility, Ingram Micro History as well as Ingram Micro Performance
 Time Horizon     30 Days    Login   to change
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Ingram Micro Target Price Odds to finish below 3023.61

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 2,988 30 days 3,024  about 6.38% more than 93.0%
Based on normal probability distribution, the odds of Ingram Micro to stay under  3,024  after 30 days from now is more than 93.0%. Probability of Ingram Micro Inc price to stay between its current price of  2,988  and  3,024  at the end of the 30-day period is about 10.63%.
Allowing for the 30-days total investment horizon, Ingram Micro has beta of 0.148 . This indicates as returns on market go up, Ingram Micro average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Ingram Micro Inc will be expected to be much smaller as well. Additionally Ingram Micro Inc has an alpha of 0.21004468345454544 implying that it can potentially generate 0.21004468345454544% excess return over DOW after adjusting for the inherited market risk (beta).
Odds to stay under  3,024  after 30 days
 Ingram Micro Price Density 
Current Price   Target Price   
Alpha over DOW
Beta against DOW=0.15
Overall volatility
Information ratio =0.011431