Eni SPA Probability of Target Price Finishing Over Current Price

E -- USA Stock  

Fiscal Quarter End: December 31, 2019  

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 30.31 30 days 30.31 
about 74.84
Based on normal probability distribution, the odds of Eni SPA to move above current price in 30 days from now is about 74.84 (This ENI SpA probability density function shows the probability of Eni SPA Stock to fall within a particular range of prices over 30 days) .
Taking into account the 30 trading days horizon, Eni SPA has beta of 0.68 suggesting as returns on market go up, Eni SPA average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ENI SpA 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. ENI SpA is significantly underperforming DOW.
 Eni SPA Price Density 
      Price 
α
Alpha over DOW
=0.06
β
Beta against DOW=0.68
σ
Overall volatility
=0.57
Ir
Information ratio =0.08

Eni SPA Alerts and Suggestions

ENI SpA generates negative expected return over the last 30 days
Latest headline from dxcnews.com: Temporary Roadblocks Mean Patience Is Necessary Group 1 Automotive, Inc. , Eni S.p.A. - DXC News

Eni SPAPrice Density Drivers

Shares Percent Shares Out0.11%
Trailing Annual Dividend Rate0.95
Float Shares1.25B
Average Daily Volume Last 10 Day183.82k
Shares Short Prior Month1.38M
Average Daily Volume In Three Month265.02k
Date Short InterestNovember 15, 2019
Trailing Annual Dividend Yield3.19%
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