VOXX International Probability of Target Price

VOXX International Corporation -- USA Stock  

USD 6.65  0.2  2.92%

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

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 6.65 30 days 8.55  about 22.58% about 77.31%
Based on normal probability distribution, the odds of VOXX International to stay under $ 8.55  after 30 days from now is about 77.31%. Probability of VOXX International price to stay between its current price of $ 6.65  and $ 8.55  at the end of the 30-day period is about 72.18%.
Given the investment horizon of 30 days, VOXX International Corporation has beta of -6.8238 . This entails as returns on its benchmark rise, returns on holding VOXX International Corporation are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, VOXX International is expected to outperform its benchmark. Additionally VOXX International Corporation has an alpha of 0.1425 implying that it can potentially generate 0.1425% excess return over DOW after adjusting for the inherited market risk (beta).
77.0%
Odds to stay under $ 8.55  after 30 days
 VOXX International Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
= 0.14 
βBeta against DOW=(6.82) 
σ
Overall volatility
= 0.8 
 IrInformation ratio =(0.16)