WESTAR ENERGY INC Chance of Future Bond Price Finishing Under 90.58
| 95709TAN0 | 92.70 0.00 0.00% |
WESTAR |
WESTAR Target Price Odds to finish below 90.58
The tendency of WESTAR Bond 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 90.58 or more in 90 days |
| 92.70 | 90 days | 90.58 | near 1 |
Based on a normal probability distribution, the odds of WESTAR to drop to 90.58 or more in 90 days from now is near 1 (This WESTAR ENERGY INC probability density function shows the probability of WESTAR Bond to fall within a particular range of prices over 90 days) . Probability of WESTAR ENERGY INC price to stay between 90.58 and its current price of 92.7 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon WESTAR has a beta of 0.13. This usually implies as returns on the market go up, WESTAR average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WESTAR ENERGY INC will be expected to be much smaller as well. Additionally WESTAR ENERGY INC 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. WESTAR Price Density |
| Price |
Predictive Modules for WESTAR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WESTAR ENERGY INC. Regardless of method or technology, however, to accurately forecast the bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the bond 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.WESTAR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WESTAR is not an exception. The market had few large corrections towards the WESTAR'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 WESTAR ENERGY INC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WESTAR within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.13 | |
σ | Overall volatility | 1.30 | |
Ir | Information ratio | -0.13 |
WESTAR 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 WESTAR for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WESTAR ENERGY INC can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WESTAR ENERGY INC generated a negative expected return over the last 90 days |
WESTAR Technical Analysis
WESTAR's future price can be derived by breaking down and analyzing its technical indicators over time. WESTAR Bond technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WESTAR ENERGY INC. In general, you should focus on analyzing WESTAR Bond price patterns and their correlations with different microeconomic environments and drivers.
WESTAR Predictive Forecast Models
WESTAR's time-series forecasting models is one of many WESTAR's bond 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 WESTAR'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 bond market movement and maximize returns from investment trading.
Things to note about WESTAR ENERGY INC
Checking the ongoing alerts about WESTAR for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WESTAR ENERGY INC help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WESTAR ENERGY INC generated a negative expected return over the last 90 days |
Other Information on Investing in WESTAR Bond
WESTAR financial ratios help investors to determine whether WESTAR Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WESTAR with respect to the benefits of owning WESTAR security.