Will Air Products bounce back?
 | By Ellen Johnson | Macroaxis Story |
Today I will digest Air Products. I will go over what exactly are Air Products shareholders getting in July. The company follows market closely. What is Air Products Target Price Odds to finish over Current Price? Pertaining to normal probability distribution, the odds of Air Products to move above current price in 30 days from now is about 6.02%. The Air Products and Chemicals probability density function shows the probability of Air Products Stock to fall within a particular range of prices over 30 days . Considering 30-days investment horizon, Air Products has beta of 0.9273 . This suggests Air Products and Chemicals market returns are highly-sensitive to returns on the market. As the market goes up or down, Air Products is expected to follow. Additionally, the company has an alpha of 0.2888 implying that it can potentially generate 0.2888% excess return over S&P 500 after adjusting for the inherited market risk (beta).
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