Alibaba Group Probability of Target Price Finishing Over 280.0

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Alibaba Group probability of target price tool provides mechanism to make assumptions about upside and downside potential of Alibaba Group Holding Limited performance during a given time horizon utilizing its historical volatility. Please specify Alibaba Group time horizon, a valid symbol (red box) and a target price (blue box) you would like Alibaba Group odds to be computed. Continue to Alibaba Group Backtesting, Alibaba Group Valuation, Alibaba Group Correlation, Alibaba Group Hype Analysis, Alibaba Group Volatility, Alibaba Group History as well as Alibaba Group Performance.
Horizon     30 Days    Login   to change
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Alibaba Group Target Price Odds to finish over 280.0

Current PriceHorizonTarget PriceOdds to move over $ 280.00  or more in 30 days
 213.75 30 days 280.00 
near 1
Based on normal probability distribution, the odds of Alibaba Group to move over $ 280.00  or more in 30 days from now is near 1 (This Alibaba Group Holding Limited probability density function shows the probability of Alibaba Group Stock to fall within a particular range of prices over 30 days) . Probability of Alibaba Group Holding price to stay between its current price of $ 213.75  and $ 280.00  at the end of the 30-day period is about 22.5 .
Given the investment horizon of 30 days, the stock has beta coefficient of 1.35 . 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, Alibaba Group will likely underperform. Additionally The company has an alpha of 0.1985 implying that it can potentially generate 0.1985% excess return over DOW after adjusting for the inherited market risk (beta).
 Alibaba Group Price Density 
    
  Price 
α
Alpha over DOW
=0.20
β
Beta against DOW=1.35
σ
Overall volatility
=17.53
Ir
Information ratio =0.17

Alibaba Group Alerts and Suggestions

About 34.0% of the company shares are held by company insiders
Latest headline from www.livetradingnews.com: Alibaba Group Holding Limited Stock Could Climb Further - Live Trading News

Alibaba GroupPrice Density Drivers

Shares Percent Shares Out1.03%
Float Shares1.75B
Average Daily Volume Last 10 Day14.87M
Shares Short Prior Month33.26M
Average Daily Volume In Three Month15.94M
Date Short InterestDecember 31, 2019