United Technologies Probability of Target Price Finishing Over 155.53

UTX -- USA Stock  

Fiscal Quarter End: December 31, 2019  

United Technologies probability of target price tool provides mechanism to make assumptions about upside and downside potential of United Technologies Corporation performance during a given time horizon utilizing its historical volatility. Please specify United Technologies time horizon, a valid symbol (red box) and a target price (blue box) you would like United Technologies odds to be computed. Also please take a look at United Technologies Backtesting, United Technologies Valuation, United Technologies Correlation, United Technologies Hype Analysis, United Technologies Volatility, United Technologies History as well as United Technologies Performance.
Horizon     30 Days    Login   to change
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United Technologies Target Price Odds to finish over 155.53

Current PriceHorizonTarget PriceOdds to move over $ 155.53  or more in 30 days
 149.10 30 days 155.53 
near 1
Based on normal probability distribution, the odds of United Technologies to move over $ 155.53  or more in 30 days from now is near 1 (This United Technologies Corporation probability density function shows the probability of United Technologies Stock to fall within a particular range of prices over 30 days) . Probability of United Technologies price to stay between its current price of $ 149.10  and $ 155.53  at the end of the 30-day period is about 8.82 .
Considering 30-days investment horizon, the stock has beta coefficient of 1.18 . 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, United Technologies will likely underperform. Additionally The company has an alpha of 0.0832 implying that it can potentially generate 0.0832% excess return over DOW after adjusting for the inherited market risk (beta).
 United Technologies Price Density 
      Price 
α
Alpha over DOW
=0.08
β
Beta against DOW=1.18
σ
Overall volatility
=5.91
Ir
Information ratio =0.09

United Technologies Alerts and Suggestions

United Technologies has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
Over 82.0% of the company outstanding shares are owned by institutional investors
Latest headline from www.surveydone.info: Stocks Outlook United Technologies Corporation - Stock Trends on Market

United TechnologiesPrice Density Drivers

Shares Percent Shares Out0.82%
Trailing Annual Dividend Rate2.94
Short Percent Of Float0.92%
Float Shares760.72M
Shares Short Prior Month6.62M
Average Daily Volume Last 10 Day2.58M
Average Daily Volume In Three Month2.75M
Date Short InterestNovember 15, 2019
Trailing Annual Dividend Yield2.02%
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