DexCom Probability of Target Price Finishing Over 145.36

DXCM -- USA Stock  

Quarterly Earning Report: November 6, 2019  

DexCom probability of target price tool provides mechanism to make assumptions about upside and downside potential of DexCom performance during a given time horizon utilizing its historical volatility. Please specify DexCom time horizon, a valid symbol (red box) and a target price (blue box) you would like DexCom odds to be computed. Additionally see DexCom Backtesting, DexCom Valuation, DexCom Correlation, DexCom Hype Analysis, DexCom Volatility, DexCom History as well as DexCom Performance.
Horizon     30 Days    Login   to change
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DexCom Target Price Odds to finish over 145.36

Current PriceHorizonTarget PriceOdds to stay above $ 145.36  in 30 days
 160.18 30 days 145.36 
about 88.96
Based on normal probability distribution, the odds of DexCom to stay above $ 145.36  in 30 days from now is about 88.96 (This DexCom probability density function shows the probability of DexCom Stock to fall within a particular range of prices over 30 days) . Probability of DexCom price to stay between $ 145.36  and its current price of $160.18 at the end of the 30-day period is about 56.19 .
Given the investment horizon of 30 days, DexCom has beta of 0.917 suggesting DexCom market returns are highly reactive to returns on the market. As the market goes up or down, DexCom is expected to follow. Additionally The company has an alpha of 0.1618 implying that it can potentially generate 0.1618% excess return over DOW after adjusting for the inherited market risk (beta).
 DexCom Price Density 
      Price 
α
Alpha over DOW
=0.16
β
Beta against DOW=0.92
σ
Overall volatility
=8.87
Ir
Information ratio =0.07

DexCom Alerts and Suggestions

DexCom has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
The company reported previous year revenue of 1.22 B. Net Loss for the year was (170.5 M) with profit before overhead, payroll, taxes, and interest of 663.9 M.
Over 100.0% of the company shares are held by institutions such as insurance companies
Latest headline from MacroaxisInsider: Purchase by Lucas Donald L of 15000 shares of DexCom

DexComPrice Density Drivers

Shares Percent Shares Out6.34%
Short Percent Of Float6.40%
Float Shares89.97M
Average Daily Volume Last 10 Day632.16k
Shares Short Prior Month6.05M
Average Daily Volume In Three Month836.51k
Date Short InterestSeptember 30, 2019
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