Sprint Probability of Target Price Finishing Above 6.19

S -- USA Stock  

USD 5.55  0.06  1.09%

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 below 6.19

Current PriceHorizonTarget PriceOdds to stay under $ 6.19  after 30 days
 5.55 30 days 6.19  CLOSE TO 99%
Based on normal probability distribution, the odds of Sprint to stay under $ 6.19  after 30 days from now is close to 99% (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 $ 5.55  and $ 6.19  at the end of the 30-day period is near 1%.
Taking into account the 30 trading days horizon, Sprint has beta of 0.0 . This entails unless we do not have required data, the returns on DOW and Sprint are completely uncorrelated. Additionally Sprint CorporationIt does not look like Sprint alpha can have any bearing on the equity current valuation.
 Sprint Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=0.13
Ir
Information ratio =0.45

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 8.96 B in cash with (1.23 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.23.
Latest headline from MacroaxisInsider: Exercise or conversion by Betts Gene M of 2700 shares of Sprint subject to Rule 16b-3

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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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.