ETRADE Financial Probability of Target Price Finishing Over 54.3

ETFC -- USA Stock  

Fiscal Quarter End: December 31, 2019  

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
 45.54 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 $ 45.54  and $ 54.30  at the end of the 30-day period is about 13.64 .
Given the investment horizon of 30 days, the stock has beta coefficient of 2.18 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, ETRADE Financial will likely underperform. Additionally The company has an alpha of 0.0077 implying that it can potentially generate 0.0077% excess return over DOW after adjusting for the inherited market risk (beta).
 ETRADE Financial Price Density 
      Price 
α
Alpha over DOW
=0.007714
β
Beta against DOW=2.18
σ
Overall volatility
=2.80
Ir
Information ratio =0.024397

ETRADE Financial Alerts and Suggestions

Over 96.0% of the company shares are held by institutions such as insurance companies
On November 7, 2019 ETRADE Financial paid $ 0.14 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Acquisition by Donna Weaver of tradable shares of ETRADE Financial subject to Rule 16b-3

ETRADE FinancialPrice Density Drivers

Shares Percent Shares Out1.68%
Trailing Annual Dividend Rate0.56
Short Percent Of Float1.76%
Float Shares223.17M
Shares Short Prior Month5.93M
Average Daily Volume Last 10 Day3.66M
Average Daily Volume In Three Month4.6M
Date Short InterestNovember 15, 2019
Trailing Annual Dividend Yield1.22%
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