|Current Price||Horizon||Target Price||Odds to drop to $ 115.62 or more in 30 days|
| 139.42 ||30 days|| 115.62 || NEAR 1%|
Based on normal probability distribution, the odds of Visa to drop to $ 115.62 or more in 30 days from now is near 1% (This Visa probability density function shows the probability of Visa Stock to fall within a particular range of prices over 30 days) . Probability of Visa price to stay between $ 115.62 and its current price of $139.42 at the end of the 30-day period is about 97.0%.
Taking into account the 30 trading days horizon, Visa has beta of -0.2617 . This entails as returns on benchmark increase, returns on holding Visa are expected to decrease at a much smaller rate. During bear market, however, Visa is likely to outperform the market. Additionally Visa has an alpha of 0.1916 implying that it can potentially generate 0.1916% excess return over DOW after adjusting for the inherited market risk (beta).
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