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
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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 
      Price 
α
Alpha over DOW
=0.2
β
Beta against DOW=0.06
σ
Overall volatility
=5.86
Ir
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.
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