|Current Price||Horizon||Target Price||Odds to move over $ 16.90 or more in 30 days|
| 6.39 ||30 days|| 16.90 || CLOSE TO ZERO PERCENT|
Based on normal probability distribution, the odds of Sprint to move over $ 16.90 or more in 30 days from now is close to zero percent (This Sprint Corporation probability density function shows the probability of Sprint Stock to fall within a particular range of prices over 30 days) . Probability of Sprint price to stay between its current price of $ 6.39 and $ 16.90 at the end of the 30-day period is about 10.64%.
Taking into account the 30 trading days horizon, Sprint Corporation has beta of -0.2025 . This entails as returns on benchmark increase, returns on holding Sprint are expected to decrease at a much smaller rate. During bear market, however, Sprint Corporation is likely to outperform the market. Additionally Sprint Corporation has an alpha of 0.231 implying that it can potentially generate 0.231% excess return over DOW after adjusting for the inherited market risk (beta).
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