Sprint Probability of Target Price Finishing Above 6.073075

Sprint Corporation -- USA Stock  

USD 6.06  0.15  2.42%

Sprint probability of target price tool provides mechanism to make assumptions about upside and downside potential of Sprint Corporation performance during a given time horizon utilizing its historical volatility. Please specify Sprint time horizon, a valid symbol (red box) and a target price (blue box) you would like Sprint odds to be computed. Also please take a look at Sprint Backtesting, Sprint Valuation, Sprint Correlation, Sprint Hype Analysis, Sprint Volatility, Sprint History as well as Sprint Performance
Investment Horizon     30 Days    Login   to change
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Sprint Target Price Odds to finish below 6.073075

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 6.06 30 days 6.07  about 79.58% about 20.28%
Based on normal probability distribution, the odds of Sprint to stay under $ 6.07  after 30 days from now is about 20.28%. Probability of Sprint price to stay between its current price of $ 6.06  and $ 6.07  at the end of the 30-day period is near 1%.
Taking into account the 30 trading days horizon, Sprint Corporation has beta of -0.8465 . 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 a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Odds to stay under $ 6.07  after 30 days
 Sprint Price Density 
Current Price   Target Price   
Alpha over DOW
βBeta against DOW=0.85
Overall volatility
 IrInformation ratio =0.12