LINE Probability of Target Price Finishing Over 19.5

LN -- USA Stock  

USD 36.70  0.15  0.41%

LINE probability of target price tool provides mechanism to make assumptions about upside and downside potential of LINE Corporation performance during a given time horizon utilizing its historical volatility. Please specify LINE time horizon, a valid symbol (red box) and a target price (blue box) you would like LINE odds to be computed. Please see also LINE Backtesting, LINE Valuation, LINE Correlation, LINE Hype Analysis, LINE Volatility, LINE History as well as LINE Performance.
Horizon     30 Days    Login   to change
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LINE Target Price Odds to finish over 19.5

Current PriceHorizonTarget PriceOdds to stay above $ 19.50  in 30 days
 36.70 30 days 19.50 
close to 99
Based on normal probability distribution, the odds of LINE to stay above $ 19.50  in 30 days from now is close to 99 (This LINE Corporation probability density function shows the probability of LINE Stock to fall within a particular range of prices over 30 days) . Probability of LINE price to stay between $ 19.50  and its current price of $36.7 at the end of the 30-day period is about 75.98 .
Allowing for the 30-days total investment horizon, LINE has beta of 0.4616 indicating as returns on market go up, LINE average returns are expected to increase less than the benchmark. However during bear market, the loss on holding LINE Corporation will be expected to be much smaller as well. Additionally The company has an alpha of 0.4136 implying that it can potentially generate 0.4136% excess return over DOW after adjusting for the inherited market risk (beta).
 LINE Price Density 
      Price 
α
Alpha over DOW
=0.41
β
Beta against DOW=0.46
σ
Overall volatility
=3.20
Ir
Information ratio =0.21

LINE Alerts and Suggestions

LINE has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its debt commitments
The company generated yearly revenue of 1.79 B. Annual Net Loss to common stockholders was (91.4 M) with gross profit of 76.94 B.
About 64.0% of the company outstanding shares are owned by corporate insiders
Latest headline from investorplace.com: Alibaba Stock is a Strong Buy Now More Than Ever Before - Investorplace.com

LINEPrice Density Drivers

Shares Percent Shares Out0.32%
Float Shares53.32M
Average Daily Volume Last 10 Day40.6k
Shares Short Prior Month777.02k
Average Daily Volume In Three Month66.47k
Date Short InterestSeptember 30, 2019
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