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Nasdaq Probability of Target Price Finishing Over 125.0

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NDAQ -- USA Stock  

Fiscal Quarter End: March 31, 2020  

Nasdaq probability of target price tool provides mechanism to make assumptions about upside and downside potential of Nasdaq performance during a given time horizon utilizing its historical volatility. Please specify Nasdaq time horizon, a valid symbol (red box) and a target price (blue box) you would like Nasdaq odds to be computed. Additionally see Nasdaq Backtesting, Nasdaq Valuation, Nasdaq Correlation, Nasdaq Hype Analysis, Nasdaq Volatility, Nasdaq History as well as Nasdaq Performance.
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Nasdaq Target Price Odds to finish over 125.0

Current PriceHorizonTarget PriceOdds to move over $ 125.00  or more in 30 days
 115.67 30 days 125.00 
near 1
Based on normal probability distribution, the odds of Nasdaq to move over $ 125.00  or more in 30 days from now is near 1 (This Nasdaq probability density function shows the probability of Nasdaq Stock to fall within a particular range of prices over 30 days) . Probability of Nasdaq price to stay between its current price of $ 115.67  and $ 125.00  at the end of the 30-day period is nearly 4.02 .
Given the investment horizon of 30 days, Nasdaq has beta of -0.1271 indicating as returns on benchmark increase, returns on holding Nasdaq are expected to decrease at a much smaller rate. During bear market, however, Nasdaq is likely to outperform the market. Additionally The company has an alpha of 0.1942 implying that it can potentially generate 0.1942% excess return over DOW after adjusting for the inherited market risk (beta).
 Nasdaq Price Density 
    
  Price 
α
Alpha over DOW
=0.19
β
Beta against DOW=0.13
σ
Overall volatility
=4.28
Ir
Information ratio =0.13

Nasdaq Alerts and Suggestions

The company has $3.72 Billion in debt which may indicate that it relies heavily on debt financing
Over 80.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Nasdaq exotic insider transaction detected

NasdaqPrice Density Drivers

Shares Percent Shares Out1.98%
Trailing Annual Dividend Rate1.85
Short Percent Of Float2.80%
Float Shares114.65M
Shares Short Prior Month3.15M
Average Daily Volume Last 10 Day585.42k
Average Daily Volume In Three Month691.39k
Date Short InterestJanuary 31, 2020
Trailing Annual Dividend Yield1.59%