Ingram Micro Probability of Target Price Finishing Above 3023.61

Ingram Micro -- USA Stock  

USD 38.89  0.01  0.0257%

Ingram Micro probability of target price tool provides mechanism to make assumptions about upside and downside potential of Ingram Micro 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
Refresh Odds

Ingram Micro Target Price Odds to finish below 3023.61

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 38.89 30 days 3,024  near 1% close to 99%
Based on normal probability distribution, the odds of Ingram Micro to stay under $ 3,024  after 30 days from now is close to 99% (This Ingram Micro probability density function shows the probability of Ingram Micro Stock to fall within a particular range of prices over 30 days) . Probability of Ingram Micro price to stay between its current price of $ 38.89  and $ 3,024  at the end of the 30-day period is about 56.66%.
Allowing for the 30-days total investment horizon, the stock has beta coefficient of 46.7132 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Ingram Micro will likely underperform. In addition to that Ingram Micro has an alpha of 315.34835113966363 implying that it can potentially generate 315.34835113966363% excess return over DOW after adjusting for the inherited market risk (beta).
> 99%
Odds to stay under $ 3,024  after 30 days
 Ingram Micro Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=315.35
β
Beta against DOW=46.71
σ
Overall volatility
=579.96
Ir
Information ratio =0.21

Did you try this?

Run Performance Analysis Now
   

Performance Analysis

Check effects of mean-variance optimization against your current asset allocation
Hide  View All  NextLaunch Performance Analysis

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
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. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.