Visa Probability of Target Price Finishing Above 122.22

Visa Inc -- USA Stock  

USD 124.79  0.12  0.0961%

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 122.22

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 124.79 30 days 122.22  about 60.45% about 38.71%
Based on normal probability distribution, the odds of Visa to drop to $ 122.22  or more in 30 days from now is about 38.71%. Probability of Visa Inc price to stay between $ 122.22  and its current price of $124.79 at the end of the 30-day period is about 53.93%.
Taking into account the 30 trading days horizon, Visa Inc has beta of -0.3875 . 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 Inc is likely to outperform the market. Additionally Visa Inc has an alpha of 0.10021000340909092 implying that it can potentially generate 0.10021000340909092% excess return over DOW after adjusting for the inherited market risk (beta).
Odds to drop to $ 122.22  or more in 30 days
 Visa Price Density 
Current Price   Target Price   
Alpha over DOW
Beta against DOW=0.39
Overall volatility
Information ratio =0.12