Facebook Probability of Target Price Finishing Over 228.65

FB -- USA Stock  

Fiscal Quarter End: December 31, 2019  

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 228.65

Current PriceHorizonTarget PriceOdds to move over $ 228.65  or more in 30 days
 198.62 30 days 228.65 
near 1
Based on normal probability distribution, the odds of Facebook to move over $ 228.65  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 $ 198.62  and $ 228.65  at the end of the 30-day period is roughly 2.07 .
Allowing for the 30-days total investment horizon, the stock has beta coefficient of 1.1489 suggesting Facebook market returns are sensitive to returns on the market. As the market goes up or down, Facebook is expected to follow. Additionally The company has an alpha of 0.022 implying that it can potentially generate 0.022% excess return over DOW after adjusting for the inherited market risk (beta).
 Facebook Price Density 
      Price 
α
Alpha over DOW
=0.022025
β
Beta against DOW=1.15
σ
Overall volatility
=5.81
Ir
Information ratio =0.023902

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About 75.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Facebook exotic insider transaction detected

FacebookPrice Density Drivers

Shares Percent Shares Out0.92%
Short Percent Of Float1.10%
Float Shares2.38B
Shares Short Prior Month25.17M
Average Daily Volume Last 10 Day13.16M
Average Daily Volume In Three Month13.37M
Date Short InterestOctober 31, 2019
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