ADVT probability of target price tool provides mechanism to make assumptions about upside and downside potential of ADVT performance during a given time horizon utilizing its historical volatility. Please specify ADVT time horizon, a valid symbol (red box) and a target price (blue box) you would like ADVT odds to be computed. Check also Trending Equities.
|Horizon||30 Days Login to change|
ADVT Target Price Odds to finish over
|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
|0.08||30 days||0.08||ABOUT 1.5%|
Based on normal probability distribution, the odds of ADVT to move above current price in 30 days from now is about 1.5% (This ADVT probability density function shows the probability of ADVT Stock to fall within a particular range of prices over 30 days) .Assuming 30 trading days horizon, the stock has beta coefficient of 1.1878 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, ADVT will likely underperform. In addition to that ADVT has an alpha of 7.8072 implying that it can potentially generate 7.8072% excess return over DOW after adjusting for the inherited market risk (beta).
ADVT Price Density
|Alpha over DOW||=||7.81|
|Beta against DOW||=||1.19|