Facebook Probability of Target Price Finishing Over 213.8

FB -- USA Stock  

USD 203.91  0.96  0.47%

Facebook probability of target price tool provides mechanism to make assumptions about upside and downside potential of Facebook performance during a given time horizon utilizing its historical volatility. Please specify Facebook time horizon, a valid symbol (red box) and a target price (blue box) you would like Facebook odds to be computed. Additionally see Facebook Backtesting, Facebook Valuation, Facebook Correlation, Facebook Hype Analysis, Facebook Volatility, Facebook History as well as Facebook Performance.
Horizon     30 Days    Login   to change
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Facebook Target Price Odds to finish over 213.8

Current PriceHorizonTarget PriceOdds to move over $ 213.80  or more in 30 days
 203.91 30 days 213.80  NEAR 1%
Based on normal probability distribution, the odds of Facebook to move over $ 213.80  or more in 30 days from now is near 1% (This Facebook probability density function shows the probability of Facebook Stock to fall within a particular range of prices over 30 days) . Probability of Facebook price to stay between its current price of $ 203.91  and $ 213.80  at the end of the 30-day period is under 4%.
Allowing for the 30-days total investment horizon, the stock has beta coefficient of 1.1557 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average . However, if the benchmark returns are expected to be negative, Facebook will likely underperform. Additionally The company has an alpha of 0.11 implying that it can potentially generate 0.11% excess return over DOW after adjusting for the inherited market risk (beta).
 Facebook Price Density 
      Price 
α
Alpha over DOW
=0.11
β
Beta against DOW=1.16
σ
Overall volatility
=10.02
Ir
Information ratio =0.07

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About 75.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Acquisition by Alford Peggy of 1613 shares of Facebook subject to Rule 16b-3

FacebookPrice Density Drivers

Shares Percent Shares Out0.80%
Short Percent Of Float0.96%
Float Shares2.38B
Shares Short Prior Month20.69M
Average Daily Volume Last 10 Day12.81M
Average Daily Volume In Three Month17.05M
Date Short InterestJune 28, 2019
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