Coca Cola probability of target price tool provides mechanism to make assumptions about upside and downside potential of Coca Cola Iecek Anonim Sirketi performance during a given time horizon utilizing its historical volatility. Please specify Coca Cola time horizon, a valid symbol (red box) and a target price (blue box) you would like Coca Cola odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
Coca Cola Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|4.33||30 days||4.33||ABOUT 54.94%|
Based on normal probability distribution, the odds of Coca Cola to move above current price in 30 days from now is about 54.94% (This Coca Cola Iecek Anonim Sirketi probability density function shows the probability of Coca Cola Stock to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, Coca Cola has beta of 0.2001 . This suggests as returns on market go up, Coca Cola average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Coca Cola Iecek Anonim Sirketi will be expected to be much smaller as well. Additionally Coca Cola Iecek Anonim Sirketi has an alpha of 0.292 implying that it can potentially generate 0.292% excess return over DOW after adjusting for the inherited market risk (beta).
Coca Cola Price Density
|Alpha over DOW||=||0.29|
|Beta against DOW||=||0.20|