Alphabet Probability of Target Price Finishing Above 1095.06

    GOOG -- USA Stock  

    USD 1,111  7.22  0.65%

    Alphabet probability of target price tool provides mechanism to make assumptions about upside and downside potential of Alphabet performance during a given time horizon utilizing its historical volatility. Please specify Alphabet time horizon, a valid symbol (red box) and a target price (blue box) you would like Alphabet odds to be computed. Please also check Risk vs Return Analysis.
    Horizon     30 Days    Login   to change
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    Alphabet Target Price Odds to finish below 1095.06

    Current PriceHorizonTarget PriceOdds to drop to $ 1,095  or more in 30 days
     1,111 30 days 1,095  ABOUT 81.09%
    Based on normal probability distribution, the odds of Alphabet to drop to $ 1,095  or more in 30 days from now is about 81.09% (This Alphabet probability density function shows the probability of Alphabet Stock to fall within a particular range of prices over 30 days) . Probability of Alphabet price to stay between $ 1,095  and its current price of $1111.34 at the end of the 30-day period is about 9.21%.
    Given the investment horizon of 30 days, Alphabet has beta of 0.8805 . This indicates Alphabet market returns are highly-sensitive to returns on the market. As the market goes up or down, Alphabet is expected to follow. Additionally The company has an alpha of 0.0706 implying that it can potentially generate 0.0706% excess return over DOW after adjusting for the inherited market risk (beta).
     Alphabet Price Density 
    Alpha over DOW
    Beta against DOW=0.88
    Overall volatility
    Information ratio =0.031596

    Alphabet Alerts

    Alphabet Alerts and Suggestions

    Alphabet is not yet fully synchronised with the market data
    Alphabet has high likelihood to experience some financial distress in the next 2 years
    About 70.0% of the company shares are owned by institutional investors

    Price Density Drivers

    Alphabet Health Indicators

    Shares Percent Shares Out0.35%
    Float Shares603.78M
    Average Daily Volume Last 10 Day1.95M
    Shares Short Prior Month2.19M
    Average Daily Volume In Three Month1.77M
    Date Short InterestJanuary 15, 2019
    Please also check Risk vs Return Analysis. Please also try Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.