VOXX International Probability of Target Price Finishing Above 8.55

VOXX -- USA Stock  

USD 5.40  0.10  1.82%

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.
 Time Horizon     30 Days    Login   to change
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VOXX International Target Price Odds to finish below 8.55

Current PriceHorizonTarget PriceOdds to stay under $ 8.55  after 30 days
 5.40 30 days 8.55  CLOSE TO 99%
Based on normal probability distribution, the odds of VOXX International to stay under $ 8.55  after 30 days from now is close to 99% (This VOXX International Corporation probability density function shows the probability of VOXX International Stock to fall within a particular range of prices over 30 days) . Probability of VOXX International price to stay between its current price of $ 5.40  and $ 8.55  at the end of the 30-day period is about 79.45%.
Given the investment horizon of 30 days, VOXX International has beta of 0.8233 . This entails as returns on market go up, VOXX International average returns are expected to increase less than the benchmark. However during bear market, the loss on holding VOXX International Corporation will be expected to be much smaller as well. Additionally VOXX International Corporation has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 VOXX International Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.23
β
Beta against DOW=0.82
σ
Overall volatility
=0.17
Ir
Information ratio =0.08

VOXX International Alerts

VOXX International Alerts and Suggestions
VOXX International generates negative expected return over the last 30 days
VOXX International has high historical volatility and very poor performance
AUDIOVOX CP CL A currently holds about 51.74 M in cash with (25.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.14.
Roughly 67.0% of the company outstanding shares are owned by institutional investors
Latest headline from simplywall.st: At US05.55, Is VOXX International Corporation A Buy

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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. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.