International Business Probability of Target Price Finishing Over Current Price

IBM -- USA Stock  

USD 140.79  1.09  0.77%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 140.79 30 days 140.79 
ABOUT 42.0%
Based on normal probability distribution, the odds of International Business to move above current price in 30 days from now is about 42.0% (This International Business Machines probability density function shows the probability of International Business Stock to fall within a particular range of prices over 30 days) .
Considering 30-days investment horizon, the stock has beta coefficient of 1.1602 . 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, International Business will likely underperform. Additionally The company has an alpha of 0.0483 implying that it can potentially generate 0.0483% excess return over DOW after adjusting for the inherited market risk (beta).
 International Business Price Density 
      Price 
α
Alpha over DOW
=0.048288
β
Beta against DOW=1.16
σ
Overall volatility
=5.30
Ir
Information ratio =0.035889

International Business Alerts and Suggestions

International Business has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
About 58.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Acquisition by James Kavanaugh of tradable shares of International Business subject to Rule 16b-3

International BusinessPrice Density Drivers

Shares Percent Shares Out1.81%
Trailing Annual Dividend Rate6.33
Short Percent Of Float1.81%
Float Shares884.52M
Shares Short Prior Month16.95M
Average Daily Volume Last 10 Day3.08M
Average Daily Volume In Three Month3.75M
Date Short InterestAugust 15, 2019
Trailing Annual Dividend Yield4.45%
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