MetLife Probability of Target Price Finishing Over 57.78

MetLife -- USA Stock  

USD 47.00  0.49  1.03%

MetLife probability of target price tool provides mechanism to make assumptions about upside and downside potential of MetLife 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 over 57.78

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 47.00 30 days 57.78  close to zero percent close to 99%
Based on normal probability distribution, the odds of MetLife to move over $ 57.78  or more in 30 days from now is close to zero percent (This MetLife probability density function shows the probability of MetLife Stock to fall within a particular range of prices over 30 days) . Probability of MetLife price to stay between its current price of $ 47.00  and $ 57.78  at the end of the 30-day period is about 28.77%.
Considering 30-days investment horizon, MetLife has beta of 0.0733 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 will be expected to be much smaller as well. Additionally MetLife has an alpha of 0.04444360818181818 implying that it can potentially generate 0.04444360818181818% excess return over DOW after adjusting for the inherited market risk (beta).
< 1%
Odds to move over $ 57.78  or more in 30 days
 MetLife Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.044444
β
Beta against DOW=0.0733
σ
Overall volatility
=0.81
Ir
Information ratio =0.053011

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Please see also MetLife Backtesting, MetLife Valuation, MetLife Correlation, MetLife Hype Analysis, MetLife Volatility, MetLife History as well as MetLife Performance. Please also try Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.