VOXX International Probability of Target Price Finishing Above 8.55

VOXX International Corporation -- USA Stock  

USD 5.6  0.1  1.75%

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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VOXX International Target Price Odds to finish below 8.55

Current PriceHorizonTarget PriceAbove OddsBelow Odds
 5.6 30 days 8.55  near 1% close to 100%
Based on normal probability distribution, the odds of VOXX International to stay under $ 8.55  after 30 days from now is close to 100%. Probability of VOXX International price to stay between its current price of $ 5.6  and $ 8.55  at the end of the 30-day period is about 88.05%.
Given the investment horizon of 30 days, the stock has beta coefficient of 1.8011 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, VOXX International will likely underperform. 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
> 99%
Odds to stay under $ 8.55  after 30 days
 VOXX International Price Density 
 
 Prices     
Current Price   Target Price   
α
Alpha over DOW
=0.86
βBeta against DOW=1.8
σ
Overall volatility
=0.49
 IrInformation ratio =0.19