Sprint Probability of Target Price Finishing Over 5.42

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S -- USA Stock  

Sell-off Trend

Sprint probability of target price tool provides mechanism to make assumptions about upside and downside potential of Sprint Corporation performance during a given time horizon utilizing its historical volatility. Please specify Sprint time horizon, a valid symbol (red box) and a target price (blue box) you would like Sprint odds to be computed. Additionally take a look at Sprint Backtesting, Sprint Valuation, Sprint Correlation, Sprint Hype Analysis, Sprint Volatility, Sprint History as well as Sprint Performance.
Horizon     30 Days    Login   to change
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Sprint Target Price Odds to finish over 5.42

Current PriceHorizonTarget PriceOdds to move over $ 5.42  or more in 30 days
 4.92 30 days 5.42 
about 68.2
Based on normal probability distribution, the odds of Sprint to move over $ 5.42  or more in 30 days from now is about 68.2 (This Sprint Corporation probability density function shows the probability of Sprint Stock to fall within a particular range of prices over 30 days) . Probability of Sprint price to stay between its current price of $ 4.92  and $ 5.42  at the end of the 30-day period is about 24.57 .
Taking into account the 30 trading days horizon, the stock has beta coefficient of 1.33 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Sprint will likely underperform. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Sprint is significantly underperforming DOW.
 Sprint Price Density 
Alpha over DOW
Beta against DOW=1.33
Overall volatility
Information ratio =0.38

Sprint Alerts and Suggestions

Sprint generates negative expected return over the last 30 days
Sprint has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its interest payments
The company has accumulated 44.89 B in total debt with debt to equity ratio (D/E) of 173.3 implying that the company may be unable to produce cash to meet its debt commitments. Sprint has Current Ratio of 0.76 which means it has a negative working capital and may have difficulties to pay out interest payments when they become due.
The entity reported annual revenue of 32.98 B. Total Loss to common stockholders was (2.7 B) with gross profit before all taxes, overhead, and interest of 20.21 B.
SPRINT NXTEL CP has accumulated about 4.32 B in cash with (3.6 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.05.
Latest headline from MacroaxisInsider: Exercise or conversion by Lefave Richard T of 271 shares of Sprint subject to Rule 16b-3

SprintPrice Density Drivers

Shares Percent Shares Out2.10%
Short Percent Of Float13.55%
Float Shares650.85M
Shares Short Prior Month94.89M
Average Daily Volume Last 10 Day15.8M
Average Daily Volume In Three Month14.33M
Date Short InterestDecember 31, 2019