MMC NORILSK Probability of Target Price Finishing Over 22110.0

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GMKN -- Russia Stock  

RUB 18,940  314.00  1.69%

MMC NORILSK probability of target price tool provides mechanism to make assumptions about upside and downside potential of MMC NORILSK NICKEL performance during a given time horizon utilizing its historical volatility.

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Please specify MMC NORILSK time horizon, a valid symbol (red box) and a target price (blue box) you would like MMC NORILSK odds to be computed. Please check MMC NORILSK Backtesting, MMC NORILSK Valuation, MMC NORILSK Correlation, MMC NORILSK Hype Analysis, MMC NORILSK Volatility, MMC NORILSK History as well as MMC NORILSK Performance.
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MMC NORILSK Target Price Odds to finish over 22110.0

Current PriceHorizonTarget PriceOdds to move over R 22,110  or more in 30 days
 18,940 30 days 22,110 
nearly 4.16
Based on a normal probability distribution, the odds of MMC NORILSK to move over R 22,110  or more in 30 days from now is nearly 4.16 (This MMC NORILSK NICKEL probability density function shows the probability of MMC NORILSK Stock to fall within a particular range of prices over 30 days) . Probability of MMC NORILSK NICKEL price to stay between its current price of R 18,940  and R 22,110  at the end of the 30-day period is about 79.96 .
Assuming the 30 trading days horizon, MMC NORILSK NICKEL has a beta of -0.0088. This usually indicates as returns on benchmark increase, returns on holding MMC NORILSK are expected to decrease at a much lower rate. During the bear market, however, MMC NORILSK NICKEL is likely to outperform the market. Additionally The company has an alpha of 0.264, implying that it can generate a 0.26 percent excess return over DOW after adjusting for the inherited market risk (beta).
 MMC NORILSK Price Density 
      Price 
α
Alpha over DOW
=0.26
β
Beta against DOW=-0.0088
σ
Overall volatility
=1,160
Ir
Information ratio =0.032072

MMC NORILSK Alerts and Suggestions

MMC NORILSK NICKEL generates negative expected return over the last 30 days
About 62.0% of the company shares are held by company insiders
On 21st of May 2020 MMC NORILSK paid R 557.2 per share dividend to its current shareholders

MMC NORILSKPrice Density Drivers

Trailing Annual Dividend Rate3.07
Float Shares535.17M
Average Daily Volume Last 10 Day283.36k
Average Daily Volume In Three Month325.45k
Trailing Annual Dividend Yield0.02%
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