|Current Price||Horizon||Target Price||Odds to drop to $ 122.22 or more in 30 days|
| 149.58 ||30 days|| 122.22 || NEAR 1%|
Based on normal probability distribution, the odds of Visa to drop to $ 122.22 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 $ 122.22 and its current price of $149.58 at the end of the 30-day period is about 91.84%.
Taking into account the 30 trading days horizon, Visa has beta of 0.1187 . This entails as returns on market go up, Visa average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Visa will be expected to be much smaller as well. Additionally Visa has an alpha of 0.2549 implying that it can potentially generate 0.2549% excess return over DOW after adjusting for the inherited market risk (beta).
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