A10 Networks Probability of Target Price Finishing Over 7.79

ATEN -- USA Stock  

USD 7.18  0.15  2.13%

A10 Networks probability of target price tool provides mechanism to make assumptions about upside and downside potential of A10 Networks performance during a given time horizon utilizing its historical volatility. Please specify A10 Networks time horizon, a valid symbol (red box) and a target price (blue box) you would like A10 Networks odds to be computed. Check also A10 Networks Backtesting, A10 Networks Valuation, A10 Networks Correlation, A10 Networks Hype Analysis, A10 Networks Volatility, A10 Networks History as well as A10 Networks Performance.
Horizon     30 Days    Login   to change
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A10 Networks Target Price Odds to finish over 7.79

Current PriceHorizonTarget PriceOdds to move over $ 7.79  or more in 30 days
 7.18 30 days 7.79 
NEAR 1%
Based on normal probability distribution, the odds of A10 Networks to move over $ 7.79  or more in 30 days from now is near 1% (This A10 Networks probability density function shows the probability of A10 Networks Stock to fall within a particular range of prices over 30 days) . Probability of A10 Networks price to stay between its current price of $ 7.18  and $ 7.79  at the end of the 30-day period is about 47.04%.
Given the investment horizon of 30 days, A10 Networks has beta of 0.3562 . This suggests as returns on market go up, A10 Networks average returns are expected to increase less than the benchmark. However during bear market, the loss on holding A10 Networks will be expected to be much smaller as well. Additionally The company has an alpha of 0.1563 implying that it can potentially generate 0.1563% excess return over DOW after adjusting for the inherited market risk (beta).
 A10 Networks Price Density 
      Price 
α
Alpha over DOW
=0.16
β
Beta against DOW=0.36
σ
Overall volatility
=0.26
Ir
Information ratio =0.13

A10 Networks Alerts and Suggestions

The company reported previous year revenue of 221.81M. Net Loss for the year was (21.46M) with profit before overhead, payroll, taxes, and interest of 180.33M.
A10 Networks currently holds about 119.3M in cash with (10.71M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.56.
Roughly 64.0% of the company shares are held by institutions such as insurance companies

A10 NetworksPrice Density Drivers

Shares Percent Shares Out1.75%
Short Percent Of Float2.43%
Float Shares50.46M
Average Daily Volume Last 10 Day655.17k
Shares Short Prior Month1.2M
Average Daily Volume In Three Month503.29k
Date Short InterestJuly 31, 2019
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