|Current Price||Horizon||Target Price||Odds to move above current price in 30 days|
| 0.08 ||30 days|| 0.08 || ABOUT 19.04%|
Based on normal probability distribution, the odds of LIGAND PHARM to move above current price in 30 days from now is about 19.04% (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, the stock has beta coefficient of 1.81 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, LIGAND PHARM will likely underperform. Moreover LIGAND PHARM INC has an alpha of 1.8944 implying that it can potentially generate 1.8944% excess return over DOW after adjusting for the inherited market risk (beta).
LIGAND PHARM Price Density
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|Current Price || ||Target Price || |