MetLife Probability of Target Price Finishing Above 54.47625

MetLife Inc -- USA Stock  

USD 51.84  0.19  0.37%

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
Investment Horizon     30 Days    Login   to change
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MetLife Target Price Odds to finish below 54.47625

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 51.84 30 days 54.48  about 14.47% about 85.23%
Based on normal probability distribution, the odds of MetLife to stay under $ 54.48  after 30 days from now is about 85.23%. Probability of MetLife Inc price to stay between its current price of $ 51.84  and $ 54.48  at the end of the 30-day period is about 76.72%.
Considering 30-days investment horizon, MetLife has beta of 0.2884 indicating as returns on market go up, MetLife average returns are expected to increase less than the benchmark. However during bear market, the loss on holding MetLife Inc will be expected to be much smaller as well. 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
85.0%
Odds to stay under $ 54.48  after 30 days
 MetLife Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.13
βBeta against DOW=0.29
σ
Overall volatility
=1.09
 IrInformation ratio =0.16