ETRADE Financial Probability of Target Price Finishing Over 54.3

ETFC -- USA Stock  

USD 48.51  2.07  4.46%

ETRADE Financial probability of target price tool provides mechanism to make assumptions about upside and downside potential of ETRADE Financial Corporation performance during a given time horizon utilizing its historical volatility. Please specify ETRADE Financial time horizon, a valid symbol (red box) and a target price (blue box) you would like ETRADE Financial odds to be computed. Additionally see ETRADE Financial Backtesting, ETRADE Financial Valuation, ETRADE Financial Correlation, ETRADE Financial Hype Analysis, ETRADE Financial Volatility, ETRADE Financial History as well as ETRADE Financial Performance.
Horizon     30 Days    Login   to change
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ETRADE Financial Target Price Odds to finish over 54.3

Current PriceHorizonTarget PriceOdds to move over $ 54.30  or more in 30 days
 48.51 30 days 54.30  NEAR 1%
Based on normal probability distribution, the odds of ETRADE Financial to move over $ 54.30  or more in 30 days from now is near 1% (This ETRADE Financial Corporation probability density function shows the probability of ETRADE Financial Stock to fall within a particular range of prices over 30 days) . Probability of ETRADE Financial price to stay between its current price of $ 48.51  and $ 54.30  at the end of the 30-day period is about 53.69%.
Given the investment horizon of 30 days, ETRADE Financial has beta of 0.678 suggesting as returns on market go up, ETRADE Financial average returns are expected to increase less than the benchmark. However during bear market, the loss on holding ETRADE Financial Corporation will be expected to be much smaller as well. Additionally The company has an alpha of 0.076 implying that it can potentially generate 0.076% excess return over DOW after adjusting for the inherited market risk (beta).
 ETRADE Financial Price Density 
Alpha over DOW
Beta against DOW=0.68
Overall volatility
Information ratio =0.06

ETRADE Financial Alerts and Suggestions

Over 96.0% of the company shares are held by institutions such as insurance companies
On May 10, 2019 ETRADE Financial paid $ 0.14 per share dividend to its current shareholders

ETRADE FinancialPrice Density Drivers

Shares Percent Shares Out1.21%
Trailing Annual Dividend Rate0.28
Short Percent Of Float1.37%
Float Shares242.2M
Shares Short Prior Month3.21M
Average Daily Volume Last 10 Day2.58M
Average Daily Volume In Three Month2.39M
Date Short InterestApril 30, 2019
Trailing Annual Dividend Yield0.58%