Salesforce Probability of Target Price Finishing Above 152.98

CRM -- USA Stock  

Fiscal Quarter End: October 31, 2019  

Salesforce probability of target price tool provides mechanism to make assumptions about upside and downside potential of Salesforce Com performance during a given time horizon utilizing its historical volatility. Please specify Salesforce time horizon, a valid symbol (red box) and a target price (blue box) you would like Salesforce odds to be computed. Check also Salesforce Backtesting, Salesforce Valuation, Salesforce Correlation, Salesforce Hype Analysis, Salesforce Volatility, Salesforce History as well as Salesforce Performance.
Horizon     30 Days    Login   to change
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Salesforce Target Price Odds to finish below 152.98

Current PriceHorizonTarget PriceOdds to stay under $ 152.98  after 30 days
 144.09 30 days 152.98 
about 69.87
Based on normal probability distribution, the odds of Salesforce to stay under $ 152.98  after 30 days from now is about 69.87 (This Salesforce Com probability density function shows the probability of Salesforce Stock to fall within a particular range of prices over 30 days) . Probability of Salesforce Com price to stay between its current price of $ 144.09  and $ 152.98  at the end of the 30-day period is about 58.53 .
Considering 30-days investment horizon, Salesforce has beta of 0.8317 . This suggests as returns on market go up, Salesforce average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Salesforce Com will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Salesforce Com is significantly underperforming DOW.
 Salesforce Price Density 
      Price 
α
Alpha over DOW
=0.11
β
Beta against DOW=0.83
σ
Overall volatility
=5.16
Ir
Information ratio =0.07

Salesforce Alerts and Suggestions

Salesforce Com generates negative expected return over the last 30 days
The company has 6.43 B in debt with debt to equity (D/E) ratio of 37.4 . This implies that the company may be unable to create cash to meet all of its financial commitments. Salesforce Com has Current Ratio of 0.95 suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
Over 85.0% of Salesforce shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Large Salesforce Option Traders Betting On A Bullish Bounce - Yahoo Finance

SalesforcePrice Density Drivers

Average Daily Volume Last 10 Day2.92M
Average Daily Volume In Three Month6.05M
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