Majestic Wine Probability of Target Price Finishing Over Current Price

MJWNF -- USA Stock  

USD 3.32  0.0005  0.0151%

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 3.32 30 days 3.32 
about 44.51
Based on normal probability distribution, the odds of Majestic Wine to move above current price in 30 days from now is about 44.51 (This Majestic Wine Plc probability density function shows the probability of Majestic Wine OTC Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Majestic Wine Plc has beta of -0.1508 indicating as returns on benchmark increase, returns on holding Majestic Wine are expected to decrease at a much smaller rate. During bear market, however, Majestic Wine Plc 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. Majestic Wine Plc is significantly underperforming DOW.
 Majestic Wine Price Density 
      Price 
α
Alpha over DOW
=0.15
β
Beta against DOW=0.15
σ
Overall volatility
=0.80
Ir
Information ratio =0.17

Majestic Wine Alerts and Suggestions

Majestic Wine Plc has high likelihood to experience some financial distress in the next 2 years

Majestic WinePrice Density Drivers

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