Coca Cola (Germany) Probability of Target Price Finishing Over Current Price

    3COA -- Germany Stock  

    EUR 4.33  0.00  0.00%

    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
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    Coca Cola Target Price Odds to finish over

    Current PriceHorizonTarget PriceOdds 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
    Beta against DOW=0.20
    Overall volatility
    Information ratio =0.08