WeConnect (France) Probability of Future Stock Price Finishing Under 14.81
| ALWEC Stock | EUR 18.50 0.30 1.60% |
WeConnect |
WeConnect Target Price Odds to finish below 14.81
The tendency of WeConnect Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to € 14.81 or more in 90 days |
| 18.50 | 90 days | 14.81 | near 1 |
Based on a normal probability distribution, the odds of WeConnect to drop to € 14.81 or more in 90 days from now is near 1 (This WeConnect probability density function shows the probability of WeConnect Stock to fall within a particular range of prices over 90 days) . Probability of WeConnect price to stay between € 14.81 and its current price of €18.5 at the end of the 90-day period is about 28.97 .
Assuming the 90 days trading horizon WeConnect has a beta of 0.24. This suggests as returns on the market go up, WeConnect average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WeConnect will be expected to be much smaller as well. Additionally WeConnect has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. WeConnect Price Density |
| Price |
Predictive Modules for WeConnect
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WeConnect. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WeConnect's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
WeConnect Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WeConnect is not an exception. The market had few large corrections towards the WeConnect's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold WeConnect, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WeConnect within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.14 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.56 | |
Ir | Information ratio | -0.18 |
WeConnect Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of WeConnect for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WeConnect can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WeConnect generated a negative expected return over the last 90 days | |
| The company has €11.76 Million in debt which may indicate that it relies heavily on debt financing | |
| WeConnect has accumulated about 4.91 M in cash with (4.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.3. | |
| Roughly 82.0% of the company shares are held by company insiders |
WeConnect Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of WeConnect Stock often depends not only on the future outlook of the current and potential WeConnect's 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. WeConnect's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 107.5 M | |
| Cash And Short Term Investments | 36 M |
WeConnect Technical Analysis
WeConnect's future price can be derived by breaking down and analyzing its technical indicators over time. WeConnect Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WeConnect. In general, you should focus on analyzing WeConnect Stock price patterns and their correlations with different microeconomic environments and drivers.
WeConnect Predictive Forecast Models
WeConnect's time-series forecasting models is one of many WeConnect's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary WeConnect's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about WeConnect
Checking the ongoing alerts about WeConnect for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WeConnect help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WeConnect generated a negative expected return over the last 90 days | |
| The company has €11.76 Million in debt which may indicate that it relies heavily on debt financing | |
| WeConnect has accumulated about 4.91 M in cash with (4.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.3. | |
| Roughly 82.0% of the company shares are held by company insiders |
Additional Tools for WeConnect Stock Analysis
When running WeConnect's price analysis, check to measure WeConnect's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WeConnect is operating at the current time. Most of WeConnect's value examination focuses on studying past and present price action to predict the probability of WeConnect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WeConnect's price. Additionally, you may evaluate how the addition of WeConnect to your portfolios can decrease your overall portfolio volatility.