|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 0.0081 ||30 days|| 0.0081 || ABOUT 27.91%|
Based on normal probability distribution, the odds of LIGAND PHARM to move above current price in 30 days from now is about 27.91% (This LIGAND PHARM INC probability density function shows the probability of LIGAND PHARM Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, LIGAND PHARM INC has beta of -0.2994 indicating as returns on benchmark increase, returns on holding LIGAND PHARM are expected to decrease at a much smaller rate. During bear market, however, LIGAND PHARM INC is likely to outperform the market. Additionally LIGAND PHARM INC has an alpha of 0.5165 implying that it can potentially generate 0.5165% excess return over DOW after adjusting for the inherited market risk (beta).
LIGAND PHARM Price Density