Deere Probability of Target Price Finishing Over 179.03

DE -- USA Stock  

USD 162.75  5.49  3.49%

Deere probability of target price tool provides mechanism to make assumptions about upside and downside potential of Deere Company performance during a given time horizon utilizing its historical volatility. Please specify Deere time horizon, a valid symbol (red box) and a target price (blue box) you would like Deere odds to be computed. Additionally see Investing Opportunities.
Horizon     30 Days    Login   to change
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Deere Target Price Odds to finish over 179.03

Current PriceHorizonTarget PriceOdds to move over $ 179.03  or more in 30 days
 162.75 30 days 179.03  NEAR 1%
Based on normal probability distribution, the odds of Deere to move over $ 179.03  or more in 30 days from now is near 1% (This Deere Company probability density function shows the probability of Deere Stock to fall within a particular range of prices over 30 days) . Probability of Deere Company price to stay between its current price of $ 162.75  and $ 179.03  at the end of the 30-day period is about 12.82%.
Allowing for the 30-days total investment horizon, the stock has beta coefficient of 1.1075 suggesting Deere Company market returns are highly-sensitive to returns on the market. As the market goes up or down, Deere is expected to follow. Additionally The company has an alpha of 0.1644 implying that it can potentially generate 0.1644% excess return over DOW after adjusting for the inherited market risk (beta).
 Deere Price Density 
      Price 
α
Alpha over DOW
=0.16
β
Beta against DOW=1.11
σ
Overall volatility
=8.13
Ir
Information ratio =0.07

Deere Alerts

Deere Alerts and Suggestions

Deere Company is not yet fully synchronised with the market data
Deere Company has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its debt commitments
DEERE CO reports about 3.29B in cash with (2.53B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 10.32.
Over 78.0% of the company shares are held by institutions such as insurance companies

Price Density Drivers

Deere Health Indicators

Shares Percent Shares Out2.56%
Trailing Annual Dividend Rate2.58
Short Percent Of Float2.56%
Float Shares286.72M
Shares Short Prior Month6.72M
Average Daily Volume Last 10 Day2.01M
Average Daily Volume In Three Month2.46M
Date Short InterestJanuary 15, 2019
Trailing Annual Dividend Yield1.59%
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