Walgreens Boots Stock Forward View
| WBADelisted Stock | USD 11.98 0.00 0.00% |
Walgreens Stock outlook is based on your current time horizon. Investors can use this forecasting interface to forecast Walgreens Boots stock prices and determine the direction of Walgreens Boots Alliance's future trends based on various well-known forecasting models. We suggest always using this module together with an analysis of Walgreens Boots' historical fundamentals, such as revenue growth or operating cash flow patterns.
At this time the value of rsi of Walgreens Boots' share price is below 20 . This entails that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Walgreens Boots hype-based prediction, you can estimate the value of Walgreens Boots Alliance from the perspective of Walgreens Boots response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Walgreens Boots Alliance on the next trading day is expected to be 11.83 with a mean absolute deviation of 0.04 and the sum of the absolute errors of 2.66. Walgreens Boots after-hype prediction price | USD 11.98 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as delisted stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Walgreens |
Walgreens Boots Additional Predictive Modules
Most predictive techniques to examine Walgreens price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Walgreens using various technical indicators. When you analyze Walgreens charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Walgreens Boots Naive Prediction Price Forecast For the 6th of February
Given 90 days horizon, the Naive Prediction forecasted value of Walgreens Boots Alliance on the next trading day is expected to be 11.83 with a mean absolute deviation of 0.04, mean absolute percentage error of 0, and the sum of the absolute errors of 2.66.Please note that although there have been many attempts to predict Walgreens Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Walgreens Boots' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Walgreens Boots Stock Forecast Pattern
| Backtest Walgreens Boots | Walgreens Boots Price Prediction | Research Analysis |
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Walgreens Boots stock data series using in forecasting. Note that when a statistical model is used to represent Walgreens Boots stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 112.2875 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.0436 |
| MAPE | Mean absolute percentage error | 0.0037 |
| SAE | Sum of the absolute errors | 2.6568 |
Predictive Modules for Walgreens Boots
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Walgreens Boots Alliance. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Walgreens Boots After-Hype Price Density Analysis
As far as predicting the price of Walgreens Boots at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Walgreens Boots or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Walgreens Boots, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Walgreens Boots Estimiated After-Hype Price Volatility
In the context of predicting Walgreens Boots' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Walgreens Boots' historical news coverage. Walgreens Boots' after-hype downside and upside margins for the prediction period are 11.98 and 11.98, respectively. We have considered Walgreens Boots' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Walgreens Boots is very steady at this time. Analysis and calculation of next after-hype price of Walgreens Boots Alliance is based on 3 months time horizon.
Walgreens Boots Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Walgreens Boots is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Walgreens Boots backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Delisted Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Walgreens Boots, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.00 | 0.00 | 0.00 | 0.00 | 2 Events / Month | 1 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
11.98 | 11.98 | 0.00 |
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Walgreens Boots Hype Timeline
On the 5th of February Walgreens Boots Alliance is traded for 11.98. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Walgreens is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.0%. %. The volatility of related hype on Walgreens Boots is about 0.0%, with the expected price after the next announcement by competition of 11.98. About 17.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.44. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Walgreens Boots Alliance recorded a loss per share of 7.29. The entity last dividend was issued on the 18th of November 2024. The firm had 2:1 split on the 16th of February 1999. Considering the 90-day investment horizon the next forecasted press release will be in a few days. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.Walgreens Boots Related Hype Analysis
Having access to credible news sources related to Walgreens Boots' direct competition is more important than ever and may enhance your ability to predict Walgreens Boots' future price movements. Getting to know how Walgreens Boots' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Walgreens Boots may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| OSH | Oak Street Health | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CTLT | Catalent | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SGFY | Signify Health | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| RXDX | Prometheus Biosciences | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| ROIV | Roivant Sciences | 0.14 | 10 per month | 1.58 | 0.05 | 3.56 | (2.84) | 9.44 | |
| SWAV | Shockwave Medical | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| IMGN | ImmunoGen | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| BPMC | Blueprint Medicines Corp | 0.03 | 7 per month | 0.61 | 0.19 | 5.43 | (1.91) | 26.28 | |
| CERE | Cerevel Therapeutics Holdings | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| RAD | Rite Aid | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Walgreens Boots Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Walgreens Boots stock to make a market-neutral strategy. Peer analysis of Walgreens Boots could also be used in its relative valuation, which is a method of valuing Walgreens Boots by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Walgreens Boots Market Strength Events
Market strength indicators help investors to evaluate how Walgreens Boots stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Walgreens Boots shares will generate the highest return on investment. By undertsting and applying Walgreens Boots stock market strength indicators, traders can identify Walgreens Boots Alliance entry and exit signals to maximize returns.
Walgreens Boots Risk Indicators
The analysis of Walgreens Boots' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Walgreens Boots' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting walgreens stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.3068 | |||
| Semi Deviation | 0.0728 | |||
| Standard Deviation | 0.4254 | |||
| Variance | 0.1809 | |||
| Downside Variance | 0.1948 | |||
| Semi Variance | 0.0053 | |||
| Expected Short fall | (0.38) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Walgreens Boots
The number of cover stories for Walgreens Boots depends on current market conditions and Walgreens Boots' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Walgreens Boots is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Walgreens Boots' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Walgreens Boots Short Properties
Walgreens Boots' future price predictability will typically decrease when Walgreens Boots' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Walgreens Boots Alliance often depends not only on the future outlook of the potential Walgreens Boots' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Walgreens Boots' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 863.1 M | |
| Cash And Short Term Investments | 3.1 B |
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Walgreens Stock
If you are still planning to invest in Walgreens Boots Alliance check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Walgreens Boots' history and understand the potential risks before investing.
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