Alphabet Probability of Target Price Finishing Above 1184.46

GOOG -- USA Stock  

USD 1,184  1.09  0.09%

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 Alphabet Backtesting, Alphabet Valuation, Alphabet Correlation, Alphabet Hype Analysis, Alphabet Volatility, Alphabet History as well as Alphabet Performance.
Horizon     30 Days    Login   to change
Symbol:
Refresh Odds

Alphabet Target Price Odds to finish below 1184.46

Current PriceHorizonTarget PriceOdds to move below current price in 30 days
 1,184 30 days 1,184  ROUGHLY 97.0%
Based on normal probability distribution, the odds of Alphabet to move below current price in 30 days from now is roughly 97.0% (This Alphabet probability density function shows the probability of Alphabet Stock to fall within a particular range of prices over 30 days) .
Given the investment horizon of 30 days, the stock has beta coefficient of 1.1562 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Alphabet will likely underperform. Additionally The company has an alpha of 0.0711 implying that it can potentially generate 0.0711% excess return over DOW after adjusting for the inherited market risk (beta).
 Alphabet Price Density 
      Price 
α
Alpha over DOW
=0.07
β
Beta against DOW=1.16
σ
Overall volatility
=37.10
Ir
Information ratio =0.07

Alphabet Alerts

Alphabet Alerts and Suggestions

About 70.0% of the company shares are owned by institutional investors

Price Density Drivers

Alphabet Health Indicators

Shares Percent Shares Out0.28%
Float Shares603.78M
Average Daily Volume Last 10 Day1.53M
Shares Short Prior Month1.89M
Average Daily Volume In Three Month1.63M
Date Short InterestFebruary 28, 2019
Please also check Alphabet Backtesting, Alphabet Valuation, Alphabet Correlation, Alphabet Hype Analysis, Alphabet Volatility, Alphabet History as well as Alphabet Performance. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.
Search macroaxis.com