Sprint Probability of Target Price Finishing Over 6.073075

S -- USA Stock  

USD 6.17  0.04  0.65%

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
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Sprint Target Price Odds to finish over 6.073075

Current PriceHorizonTarget PriceOdds to stay above $ 6.07  in 30 days
 6.17 30 days 6.07  ABOUT 19.26%
Based on normal probability distribution, the odds of Sprint to stay above $ 6.07  in 30 days from now is about 19.26% (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 $6.17 at the end of the 30-day period is about 7.04%.
Taking into account the 30 trading days horizon, Sprint Corporation has beta of -0.1799 . 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 0.5854 implying that it can potentially generate 0.5854% excess return over DOW after adjusting for the inherited market risk (beta).
 Sprint Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.59
β
Beta against DOW=0.18
σ
Overall volatility
=0.33
Ir
Information ratio =0.21

Sprint Alerts

Sprint Alerts and Suggestions
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 (1.12 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.09.
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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 Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.