|Current Price||Horizon||Target Price||Odds to drop to $ 6.07 or more in 30 days|
| 6.13 ||30 days|| 6.07 || ABOUT 21.37%|
Based on normal probability distribution, the odds of Sprint to drop to $ 6.07 or more in 30 days from now is about 21.37% (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 $ 6.07 and its current price of $6.13 at the end of the 30-day period is about 10.23%.
Taking into account the 30 trading days horizon, the stock has beta coefficient of 1.086 . This entails Sprint Corporation market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Sprint is expected to follow. Additionally Sprint Corporation has an alpha of 0.0263 implying that it can potentially generate 0.0263% excess return over DOW after adjusting for the inherited market risk (beta).