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Genmab Probability of Target Price Finishing Over Current Price

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GMAB -- Denmark Stock  

DKK 1,360  18.00  1.34%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 1,360 30 days 1,360 
about 86.81
Based on normal probability distribution, the odds of Genmab AS to move above current price in 30 days from now is about 86.81 (This Genmab AS probability density function shows the probability of Genmab AS Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Genmab AS has beta of 0.1869 . This indicates as returns on market go up, Genmab AS average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Genmab AS 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. Genmab AS is significantly underperforming DOW.
 Genmab AS Price Density 
    
  Price 
α
Alpha over DOW
=0.07
β
Beta against DOW=0.19
σ
Overall volatility
=130.57
Ir
Information ratio =0.01

Genmab AS Alerts and Suggestions

Genmab AS generates negative expected return over the last 30 days
Genmab AS has high historical volatility and very poor performance

Genmab ASPrice Density Drivers

Float Shares64.27M
Average Daily Volume Last 10 Day414.93k
Average Daily Volume In Three Month206.63k
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