FAIRFAX FINANCIAL Probability of Target Price Finishing Over 598.52

FFH -- Canada Stock  

Fiscal Quarter End: December 31, 2019  

FAIRFAX FINANCIAL probability of target price tool provides mechanism to make assumptions about upside and downside potential of FAIRFAX FINANCIAL HOLDINGS LTD performance during a given time horizon utilizing its historical volatility. Please specify FAIRFAX FINANCIAL time horizon, a valid symbol (red box) and a target price (blue box) you would like FAIRFAX FINANCIAL odds to be computed. Additionally see FAIRFAX FINANCIAL Backtesting, FAIRFAX FINANCIAL Valuation, FAIRFAX FINANCIAL Correlation, FAIRFAX FINANCIAL Hype Analysis, FAIRFAX FINANCIAL Volatility, FAIRFAX FINANCIAL History as well as FAIRFAX FINANCIAL Performance.
Horizon     30 Days    Login   to change
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FAIRFAX FINANCIAL Target Price Odds to finish over 598.52

Current PriceHorizonTarget PriceOdds to move over C$ 598.52  or more in 30 days
 593.65 30 days 598.52 
about 17.48
Based on normal probability distribution, the odds of FAIRFAX FINANCIAL to move over C$ 598.52  or more in 30 days from now is about 17.48 (This FAIRFAX FINANCIAL HOLDINGS LTD probability density function shows the probability of FAIRFAX FINANCIAL Stock to fall within a particular range of prices over 30 days) . Probability of FAIRFAX FINANCIAL price to stay between its current price of C$ 593.65  and C$ 598.52  at the end of the 30-day period is about 6.77 .
Assuming 30 trading days horizon, FAIRFAX FINANCIAL HOLDINGS LTD has beta of -0.188 suggesting as returns on benchmark increase, returns on holding FAIRFAX FINANCIAL are expected to decrease at a much smaller rate. During bear market, however, FAIRFAX FINANCIAL HOLDINGS LTD is likely to outperform the market. Additionally The company has an alpha of 0.0092 implying that it can potentially generate 0.0092% excess return over DOW after adjusting for the inherited market risk (beta).
 FAIRFAX FINANCIAL Price Density 
      Price 
α
Alpha over DOW
=0.009213
β
Beta against DOW=0.19
σ
Overall volatility
=20.54
Ir
Information ratio =0.03

FAIRFAX FINANCIAL Alerts and Suggestions

FAIRFAX FINL HLDG has accumulated about 11.17 B in cash with (294.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 416.66.
Latest headline from finance.yahoo.com: Bill Gregson to Retire as Executive Chairman of the Board of Recipe Unlimited - Yahoo Finance

FAIRFAX FINANCIALPrice Density Drivers

Shares Percent Shares Out0.18%
Trailing Annual Dividend Rate10.00
Float Shares24.46M
Average Daily Volume Last 10 Day39.73k
Shares Short Prior Month22.15k
Average Daily Volume In Three Month40.54k
Date Short InterestNovember 29, 2019
Trailing Annual Dividend Yield1.69%
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