Sprint Probability of Target Price Finishing Over 6.073075

S -- USA Stock  

USD 6.21  0.02  0.32%

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.
Horizon     30 Days    Login   to change
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Sprint Target Price Odds to finish over 6.073075

Current PriceHorizonTarget PriceOdds to stay above $ 6.07  in 30 days
 6.21 30 days 6.07  ABOUT 71.93%
Based on normal probability distribution, the odds of Sprint to stay above $ 6.07  in 30 days from now is about 71.93% (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 $6.21 at the end of the 30-day period is about 23.48%.
Taking into account the 30 trading days horizon, the stock has beta coefficient of 1.6431 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Sprint will likely underperform. 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
 Sprint Price Density 
      Price 
α
Alpha over DOW
=0.27
β
Beta against DOW=1.64
σ
Overall volatility
=0.22
Ir
Information ratio =0.06

Sprint Alerts

Sprint Alerts and Suggestions

Sprint has high likelihood to experience some financial distress in the next 2 years
Sprint has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its interest payments
SPRINT NXTEL CP has accumulated about 8.39 B in cash with (813 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.06.
Latest headline from kentwoodpost.com: Sprint Corporation s Stock Volatility Tilts The Target Weight to 4.45

Price Density Drivers

Sprint Health Indicators

Shares Percent Shares Out2.36%
Short Percent Of Float17.30%
Float Shares612.99M
Shares Short Prior Month101.1M
Average Daily Volume Last 10 Day8.95M
Average Daily Volume In Three Month10.03M
Date Short InterestOctober 15, 2018
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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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