United States Probability of Target Price Finishing Over Current Price

X -- USA Stock  

Fiscal Quarter End: December 31, 2019  

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

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 13.07 30 days 13.07 
about 9.85
Based on normal probability distribution, the odds of United States to move above current price in 30 days from now is about 9.85 (This United States Steel Corporation probability density function shows the probability of United States Stock to fall within a particular range of prices over 30 days) .
Taking into account the 30 trading days horizon, the stock has beta coefficient of 3.01 . This means 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 States will likely underperform. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. United States Steel is significantly underperforming DOW.
 United States Price Density 
      Price 
α
Alpha over DOW
=0.03
β
Beta against DOW=3.01
σ
Overall volatility
=1.02
Ir
Information ratio =0.05

United States Alerts and Suggestions

United States Steel has very high historical volatility over the last 30 days
The company has $2.81 Billion in debt which may indicate that it relies heavily on debt financing
UNITED STATES STE has accumulated about 476 M in cash with (841.12 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.8.
Roughly 71.0% of the company outstanding shares are owned by institutional investors
Latest headline from MacroaxisInsider: Purchase by Stephen Girsky of 700 shares of United States

United StatesPrice Density Drivers

Shares Percent Shares Out34.50%
Trailing Annual Dividend Rate0.20
Short Percent Of Float34.06%
Float Shares168.99M
Shares Short Prior Month49.92M
Average Daily Volume Last 10 Day12.57M
Average Daily Volume In Three Month15.48M
Date Short InterestOctober 31, 2019
Trailing Annual Dividend Yield1.49%
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