NVIDIA Probability of Target Price Finishing Above 207.91

NVDA -- USA Stock  

Fiscal Quarter End: January 31, 2020  

NVIDIA probability of target price tool provides mechanism to make assumptions about upside and downside potential of NVIDIA Corporation performance during a given time horizon utilizing its historical volatility. Please specify NVIDIA time horizon, a valid symbol (red box) and a target price (blue box) you would like NVIDIA odds to be computed. Please see also NVIDIA Backtesting, NVIDIA Valuation, NVIDIA Correlation, NVIDIA Hype Analysis, NVIDIA Volatility, NVIDIA History as well as NVIDIA Performance.
Horizon     30 Days    Login   to change
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NVIDIA Target Price Odds to finish below 207.91

Current PriceHorizonTarget PriceOdds to drop to $ 207.91  or more in 30 days
 213.98 30 days 207.91 
about 79.55
Based on normal probability distribution, the odds of NVIDIA to drop to $ 207.91  or more in 30 days from now is about 79.55 (This NVIDIA Corporation probability density function shows the probability of NVIDIA Stock to fall within a particular range of prices over 30 days) . Probability of NVIDIA price to stay between $ 207.91  and its current price of $213.98 at the end of the 30-day period is about 9.62 .
Given the investment horizon of 30 days, the stock has beta coefficient of 1.66 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, NVIDIA will likely underperform. Additionally The company has an alpha of 0.1871 implying that it can potentially generate 0.1871% excess return over DOW after adjusting for the inherited market risk (beta).
 NVIDIA Price Density 
      Price 
α
Alpha over DOW
=0.19
β
Beta against DOW=1.66
σ
Overall volatility
=14.72
Ir
Information ratio =0.10

NVIDIA Alerts and Suggestions

About 73.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Why You Should Like NVIDIA Corporations ROCE - Simply Wall St

NVIDIAPrice Density Drivers

Shares Percent Shares Out1.44%
Trailing Annual Dividend Rate0.64
Short Percent Of Float1.52%
Float Shares587.26M
Shares Short Prior Month9.53M
Average Daily Volume Last 10 Day8.69M
Average Daily Volume In Three Month8.56M
Date Short InterestNovember 15, 2019
Trailing Annual Dividend Yield0.31%
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