Controladora Vuela (Germany) Probability of Target Price Finishing Over Current Price

2CDA -- Germany Stock  

EUR 7.84  0.18  2.24%

Controladora Vuela probability of target price tool provides mechanism to make assumptions about upside and downside potential of Controladora Vuela Compaa de Aviacin S A B de C V performance during a given time horizon utilizing its historical volatility. Please specify Controladora Vuela time horizon, a valid symbol (red box) and a target price (blue box) you would like Controladora Vuela odds to be computed. Check also Trending Equities.
Horizon     30 Days    Login   to change
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Controladora Vuela Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 7.84 30 days 7.84  ABOUT 20.87%
Based on normal probability distribution, the odds of Controladora Vuela to move above current price in 30 days from now is about 20.87% (This Controladora Vuela Compaa de Aviacin S A B de C V probability density function shows the probability of Controladora Vuela Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Controladora Vuela Compaa de Aviacin S A B de C V has beta of -0.197 . This suggests as returns on benchmark increase, returns on holding Controladora Vuela are expected to decrease at a much smaller rate. During bear market, however, Controladora Vuela Compaa de Aviacin S A B de C V is likely to outperform the market. Additionally The company has an alpha of 0.4067 implying that it can potentially generate 0.4067% excess return over DOW after adjusting for the inherited market risk (beta).
 Controladora Vuela Price Density 
      Price 
α
Alpha over DOW
=0.41
β
Beta against DOW=0.2
σ
Overall volatility
=2.72
Ir
Information ratio =0.13

Controladora Vuela Alerts and Suggestions

Controladora Vuela is not yet fully synchronised with the market data
Controladora Vuela has high likelihood to experience some financial distress in the next 2 years
The company reported revenue of 1.3B. Net Loss for the year was (34.49M) with profit before overhead, payroll, taxes, and interest of 2.87B.

Controladora VuelaPrice Density Drivers

Float Shares62.18M
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