Byline Bancorp Probability of Target Price Finishing Above 18.26

BY -- USA Stock  

Fiscal Quarter End: December 31, 2019  

Byline Bancorp probability of target price tool provides mechanism to make assumptions about upside and downside potential of Byline Bancorp performance during a given time horizon utilizing its historical volatility. Please specify Byline Bancorp time horizon, a valid symbol (red box) and a target price (blue box) you would like Byline Bancorp odds to be computed. Check also Byline Bancorp Backtesting, Byline Bancorp Valuation, Byline Bancorp Correlation, Byline Bancorp Hype Analysis, Byline Bancorp Volatility, Byline Bancorp History as well as Byline Bancorp Performance.
Horizon     30 Days    Login   to change
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Byline Bancorp Target Price Odds to finish below 18.26

Current PriceHorizonTarget PriceOdds to drop to $ 18.26  or more in 30 days
 18.40 30 days 18.26 
about 75.34
Based on normal probability distribution, the odds of Byline Bancorp to drop to $ 18.26  or more in 30 days from now is about 75.34 (This Byline Bancorp probability density function shows the probability of Byline Bancorp Stock to fall within a particular range of prices over 30 days) . Probability of Byline Bancorp price to stay between $ 18.26  and its current price of $18.4 at the end of the 30-day period is about 6.37 .
Allowing for the 30-days total investment horizon, the stock has beta coefficient of 1.042 . This suggests Byline Bancorp market returns are sensitive to returns on the market. As the market goes up or down, Byline Bancorp is expected to follow. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Byline Bancorp is significantly underperforming DOW.
 Byline Bancorp Price Density 
      Price 
α
Alpha over DOW
=0.03
β
Beta against DOW=1.04
σ
Overall volatility
=0.63
Ir
Information ratio =0.02

Byline Bancorp Alerts and Suggestions

Byline Bancorp has high likelihood to experience some financial distress in the next 2 years
About 39.0% of the company shares are held by company insiders
Latest headline from urgence.tv: A Deep Dive Into Byline Bancorp, Inc. Urgence News - Urgence News

Byline BancorpPrice Density Drivers

Shares Percent Shares Out0.83%
Short Percent Of Float1.35%
Float Shares23.03M
Average Daily Volume Last 10 Day91.39k
Shares Short Prior Month156.82k
Average Daily Volume In Three Month82.53k
Date Short InterestOctober 31, 2019
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