Visa Probability of Target Price Finishing Above 111.4

Visa Inc -- USA Stock  

USD 120.38  0.05  0.0415%

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
 Time Horizon     30 Days    Login   to change
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Visa Target Price Odds to finish below 111.4

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 120.38 30 days 111.40  close to 100% near 1%
Based on normal probability distribution, the odds of Visa to drop to $ 111.40  or more in 30 days from now is near 1%. Probability of Visa Inc price to stay between $ 111.40  and its current price of $120.38 at the end of the 30-day period is about 38.01%.
Taking into account the 30 trading days horizon, the stock has beta coefficient of 1.0983 . 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 an alpha of 0.08948047904090922 implying that it can potentially generate 0.08948047904090922% excess return over DOW after adjusting for the inherited market risk (beta).
< 1%
Odds to drop to $ 111.40  or more in 30 days
 Visa Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.08948
β
Beta against DOW=1.10
σ
Overall volatility
=3.37
Ir
Information ratio =0.034156