Sprint Probability of Target Price Finishing Above 6.19

S -- USA Stock  

USD 6.36  0.03  0.47%

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 below 6.19

Current PriceHorizonTarget PriceOdds to drop to $ 6.19  or more in 30 days
 6.36 30 days 6.19  ABOUT 55.6%
Based on normal probability distribution, the odds of Sprint to drop to $ 6.19  or more in 30 days from now is about 55.6% (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 $ 6.19  and its current price of $6.36 at the end of the 30-day period is about 34.51%.
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
=0.15
Ir
Information ratio =0.00

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 (813 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.06.
Latest headline from MacroaxisInsider: Exercise or conversion by Janzen Howard E of 300 shares of Sprint subject to Rule 16b-3

Price Density Drivers

Sprint Health Indicators

Shares Percent Shares Out2.78%
Short Percent Of Float20.33%
Float Shares612.58M
Shares Short Prior Month134.17M
Average Daily Volume Last 10 Day8.42M
Average Daily Volume In Three Month9.75M
Date Short InterestAugust 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 Commodity Channel Index module to use commodity channel index to analyze current equity momentum.
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