Johnson Johnson Probability of Target Price Finishing Over 139.02

JNJ -- USA Stock  

USD 136.35  0.38  0.28%

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

Johnson Johnson Target Price Odds to finish over 139.02

Current PriceHorizonTarget PriceOdds to move over $ 139.02  or more in 30 days
 136.35 30 days 139.02  ABOUT 7.89%
Based on normal probability distribution, the odds of Johnson Johnson to move over $ 139.02  or more in 30 days from now is about 7.89% (This Johnson Johnson probability density function shows the probability of Johnson Johnson Stock to fall within a particular range of prices over 30 days) . Probability of Johnson Johnson price to stay between its current price of $ 136.35  and $ 139.02  at the end of the 30-day period is about 9.04%.
Considering 30-days investment horizon, Johnson Johnson has beta of -0.0559 . This indicates as returns on benchmark increase, returns on holding Johnson Johnson are expected to decrease at a much smaller rate. During bear market, however, Johnson Johnson is likely to outperform the market. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Johnson Johnson is significantly underperforming DOW.
 Johnson Johnson Price Density 
Alpha over DOW
Beta against DOW=0.06
Overall volatility
Information ratio =0.11

Johnson Johnson Alerts

Johnson Johnson Alerts and Suggestions

Johnson Johnson is not yet fully synchronised with the market data
About 69.0% of the company shares are owned by institutional investors

Price Density Drivers

Johnson Johnson Health Indicators

Shares Percent Shares Out0.52%
Trailing Annual Dividend Rate3.54
Short Percent Of Float0.52%
Float Shares2.67B
Average Daily Volume Last 10 Day8M
Shares Short Prior Month19.63M
Average Daily Volume In Three Month9.95M
Date Short InterestJanuary 15, 2019
Trailing Annual Dividend Yield2.68%
Please also check Risk vs Return Analysis. Please also try Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.