|Current Price||Horizon||Target Price||Odds to move over $ 6.81 or more in 30 days|
| 6.40 ||30 days|| 6.81 || NEAR 1%|
Based on normal probability distribution, the odds of Sprint to move over $ 6.81 or more in 30 days from now is near 1% (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 $ 6.40 and $ 6.81 at the end of the 30-day period is about 50.84%.
Taking into account the 30 trading days horizon, Sprint has beta of 0.8302 . This entails as returns on market go up, Sprint average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Sprint Corporation will be expected to be much smaller as well. Additionally Sprint Corporation has an alpha of 0.1015 implying that it can potentially generate 0.1015% excess return over DOW after adjusting for the inherited market risk (beta).
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