Westwater Resources (Germany) Probability of Future Stock Price Finishing Under 0
| UCCP Stock | EUR 0.47 0.01 2.08% |
Westwater |
Westwater Resources Target Price Odds to finish below 0
The tendency of Westwater 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 € 0.00 or more in 90 days |
| 0.47 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of Westwater Resources to drop to € 0.00 or more in 90 days from now is near 1 (This Westwater Resources probability density function shows the probability of Westwater Stock to fall within a particular range of prices over 90 days) . Probability of Westwater Resources price to stay between € 0.00 and its current price of €0.47 at the end of the 90-day period is about 34.05 .
Assuming the 90 days trading horizon Westwater Resources has a beta of -0.0387. This usually implies as returns on the benchmark increase, returns on holding Westwater Resources are expected to decrease at a much lower rate. During a bear market, however, Westwater Resources is likely to outperform the market. Additionally Westwater Resources has an alpha of 0.3524, implying that it can generate a 0.35 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Westwater Resources Price Density |
| Price |
Predictive Modules for Westwater Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Westwater Resources. 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.Westwater Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Westwater Resources is not an exception. The market had few large corrections towards the Westwater Resources' 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 Westwater Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Westwater Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | -0.04 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0.07 |
Westwater Resources 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 Westwater Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Westwater Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Westwater Resources has some characteristics of a very speculative penny stock | |
| Westwater Resources had very high historical volatility over the last 90 days | |
| Net Loss for the year was (16.14 M) with loss before overhead, payroll, taxes, and interest of (110 K). | |
| Westwater Resources has accumulated about 122.07 M in cash with (16.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.52, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Westwater Resources 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 Westwater Stock often depends not only on the future outlook of the current and potential Westwater Resources' 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. Westwater Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.3 M |
Westwater Resources Technical Analysis
Westwater Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Westwater Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Westwater Resources. In general, you should focus on analyzing Westwater Stock price patterns and their correlations with different microeconomic environments and drivers.
Westwater Resources Predictive Forecast Models
Westwater Resources' time-series forecasting models is one of many Westwater Resources' 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 Westwater Resources' 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 Westwater Resources
Checking the ongoing alerts about Westwater Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Westwater Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Westwater Resources has some characteristics of a very speculative penny stock | |
| Westwater Resources had very high historical volatility over the last 90 days | |
| Net Loss for the year was (16.14 M) with loss before overhead, payroll, taxes, and interest of (110 K). | |
| Westwater Resources has accumulated about 122.07 M in cash with (16.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.52, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Additional Information and Resources on Investing in Westwater Stock
When determining whether Westwater Resources is a strong investment it is important to analyze Westwater Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Westwater Resources' future performance. For an informed investment choice regarding Westwater Stock, refer to the following important reports:Check out Westwater Resources Backtesting, Westwater Resources Valuation, Westwater Resources Correlation, Westwater Resources Hype Analysis, Westwater Resources Volatility, Westwater Resources History as well as Westwater Resources Performance. For more detail on how to invest in Westwater Stock please use our How to Invest in Westwater Resources guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.