Sprint Probability of Target Price Finishing Above 6.19

S -- USA Stock  

USD 5.99  0.17  2.92%

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 stay under $ 6.19  after 30 days
 5.99 30 days 6.19  ABOUT 55.85%
Based on normal probability distribution, the odds of Sprint to stay under $ 6.19  after 30 days from now is about 55.85% (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 $ 5.99  and $ 6.19  at the end of the 30-day period is about 38.32%.
Taking into account the 30 trading days horizon, the stock has beta coefficient of 1.1253 . This entails Sprint Corporation market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Sprint is expected to follow. Additionally Sprint Corporation has an alpha of 0.0261 implying that it can potentially generate 0.0261% excess return over DOW after adjusting for the inherited market risk (beta).
 Sprint Price Density 
      Price 
α
Alpha over DOW
=0.026055
β
Beta against DOW=1.13
σ
Overall volatility
=0.19
Ir
Information ratio =0.002467

Sprint Alerts

Sprint Alerts and Suggestions

Sprint generates negative expected return over the last 30 days
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 8.91B in cash with (1.16B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.19.

Price Density Drivers

Sprint Health Indicators

Shares Percent Shares Out2.53%
Short Percent Of Float18.54%
Float Shares621.01M
Shares Short Prior Month96.11M
Average Daily Volume Last 10 Day13.12M
Average Daily Volume In Three Month12.78M
Date Short InterestNovember 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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