Visa Probability of Target Price

Visa Inc -- USA Stock  

USD 108.66  0.36  0.33%

Visa probability of target price tool provides mechanism to make assumptions about upside and downside potential of Visa Inc performance during a given time horizon utilizing its historical volatility. Please specify Visa time horizon, a valid symbol (red box) and a target price (blue box) you would like Visa odds to be computed. Also please take a look at Visa Backtesting, Visa Valuation, Visa Correlation, Visa Hype Analysis, Visa Volatility, Visa History as well as Visa Performance
Investment Horizon     30 Days    Login   to change
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Odds Analysis

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 108.66 30 days 108.66  nearly 4.11% over 95.74%
Based on normal probability distribution, the odds of Visa to move above current price in 30 days from now is nearly 4.11%.
Taking into account the 30 trading days horizon, the stock has beta coefficient of 1.1281 . This entails Visa Inc market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Visa is expected to follow. Additionally Visa Inc has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
4.0%
Odds to move above current price in 30 days
 Visa Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=(0.025) 
βBeta against DOW= 1.13 
σ
Overall volatility
= 1.63 
 IrInformation ratio =(0.0119)