MetLife Probability of Target Price Finishing Above 51.18

MetLife Inc -- USA Stock  

USD 46.95  0.52  1.10%

MetLife probability of target price tool provides mechanism to make assumptions about upside and downside potential of MetLife Inc performance during a given time horizon utilizing its historical volatility. Please specify MetLife time horizon, a valid symbol (red box) and a target price (blue box) you would like MetLife odds to be computed. Please see also MetLife Backtesting, MetLife Valuation, MetLife Correlation, MetLife Hype Analysis, MetLife Volatility, MetLife History as well as MetLife Performance
 Time Horizon     30 Days    Login   to change
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MetLife Target Price Odds to finish below 51.18

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 46.95 30 days 51.18  about 16.77% about 83.1%
Based on normal probability distribution, the odds of MetLife to stay under $ 51.18  after 30 days from now is about 83.1%. Probability of MetLife Inc price to stay between its current price of $ 46.95  and $ 51.18  at the end of the 30-day period is about 45.76%.
Considering 30-days investment horizon, MetLife has beta of 0.8787 indicating MetLife Inc market returns are very sensitive to returns on the market. As the market benchmark goes up or down, MetLife is expected to follow. Additionally MetLife Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
83.0%
Odds to stay under $ 51.18  after 30 days
 MetLife Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.43
β
Beta against DOW=0.88
σ
Overall volatility
=3.30
Ir
Information ratio =0.16