Smith Nephew Probability of Target Price Finishing Above 24.0

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SNNUF -- USA Stock  

USD 24.30  0.20  0.83%

Smith Nephew probability of target price tool provides mechanism to make assumptions about upside and downside potential of Smith Nephew Plc O performance during a given time horizon utilizing its historical volatility. Please specify Smith Nephew time horizon, a valid symbol (red box) and a target price (blue box) you would like Smith Nephew odds to be computed. Additionally take a look at Smith Nephew Backtesting, Smith Nephew Valuation, Smith Nephew Correlation, Smith Nephew Hype Analysis, Smith Nephew Volatility, Smith Nephew History as well as Smith Nephew Performance.
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Smith Nephew Target Price Odds to finish below 24.0

Current PriceHorizonTarget PriceOdds to drop to $ 24.00  or more in 30 days
 24.30 30 days 24.00 
about 71.27
Based on normal probability distribution, the odds of Smith Nephew to drop to $ 24.00  or more in 30 days from now is about 71.27 (This Smith Nephew Plc O probability density function shows the probability of Smith Nephew OTC Stock to fall within a particular range of prices over 30 days) . Probability of Smith Nephew Plc price to stay between $ 24.00  and its current price of $24.3 at the end of the 30-day period is about 7.44 .
Assuming 30 trading days horizon, Smith Nephew has beta of 0.1817 . This entails as returns on market go up, Smith Nephew average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Smith Nephew Plc O will be expected to be much smaller as well. Additionally The company has an alpha of 0.228 implying that it can potentially generate 0.228% excess return over DOW after adjusting for the inherited market risk (beta).
 Smith Nephew Price Density 
Alpha over DOW
Beta against DOW=0.18
Overall volatility
Information ratio =0.12

Smith Nephew Alerts and Suggestions

Smith NephewPrice Density Drivers

Trailing Annual Dividend Rate0.36
Float Shares871.44M
Average Daily Volume Last 10 Day162
Average Daily Volume In Three Month208
Trailing Annual Dividend Yield1.50%