Sprint Probability of Target Price Finishing Over 6.073075

Sprint Corporation -- USA Stock  

USD 6.00  0.02  0.33%

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.
 Time Horizon     30 Days    Login   to change
Refresh Odds

Sprint Target Price Odds to finish over 6.073075

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 6.00 30 days 6.07  under 4% over 95.99%
Based on normal probability distribution, the odds of Sprint to move over $ 6.07  or more in 30 days from now is under 4% (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 $ 6.00  and $ 6.07  at the end of the 30-day period is about 1.92%.
Taking into account the 30 trading days horizon, Sprint has beta of 0.1111 . This entails as returns on market go up, Sprint average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Sprint Corporation will be expected to be much smaller as well. Additionally Sprint Corporation has an alpha of 0.31296491297727275 implying that it can potentially generate 0.31296491297727275% excess return over DOW after adjusting for the inherited market risk (beta).
4.0%
Odds to move over $ 6.07  or more in 30 days
 Sprint Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.31
β
Beta against DOW=0.11
σ
Overall volatility
=0.38
Ir
Information ratio =0.11

Current Sentiment - S

Sprint Investor Sentiment
Most of Macroaxis users are at this time bullish on Sprint Corporation. What is your outlook on investing in Sprint Corporation? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
Skip

Trending Equities

Currently Active Assets on Macroaxis
V   
 NYQ 
Sold over 20 shares of
a day ago
Traded for 124.2
CRM   
 NYQ 
Purchased over 20 shares of
a day ago
Traded for 122.82
MSFT   
 NMS 
Purchased over 30 shares of
a day ago
Traded for 95.0
C   
 NYQ 
Purchased over 40 shares of
a day ago
Traded for 70.0
TWTR   
 NYQ 
Purchased over 90 shares of
a day ago
Traded for 31.91
GM   
 NYQ 
Purchased over 70 shares of
a day ago
Traded for 37.61
Also please take a look at Sprint Backtesting, Sprint Valuation, Sprint Correlation, Sprint Hype Analysis, Sprint Volatility, Sprint History as well as Sprint Performance. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.