Walgreens Boots (Germany) Probability of Future Stock Price Finishing Under 8.66
| W8A Stock | EUR 8.63 0.03 0.35% |
Walgreens |
Walgreens Boots Target Price Odds to finish below 8.66
The tendency of Walgreens 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 stay under € 8.66 after 90 days |
| 8.63 | 90 days | 8.66 | about 82.11 |
Based on a normal probability distribution, the odds of Walgreens Boots to stay under € 8.66 after 90 days from now is about 82.11 (This Walgreens Boots Alliance probability density function shows the probability of Walgreens Stock to fall within a particular range of prices over 90 days) . Probability of Walgreens Boots Alliance price to stay between its current price of € 8.63 and € 8.66 at the end of the 90-day period is about 1.51 .
Assuming the 90 days horizon Walgreens Boots has a beta of 0.18. This entails as returns on the market go up, Walgreens Boots average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Walgreens Boots Alliance will be expected to be much smaller as well. Additionally Walgreens Boots Alliance has an alpha of 0.1127, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Walgreens Boots Price Density |
| Price |
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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Walgreens Boots is not an exception. The market had few large corrections towards the Walgreens Boots' 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 Walgreens Boots Alliance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Walgreens Boots within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.18 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | 0 |
Walgreens Boots 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 Walgreens Boots for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Walgreens Boots Alliance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Walgreens Boots had very high historical volatility over the last 90 days | |
| Walgreens Boots has high likelihood to experience some financial distress in the next 2 years | |
| Walgreens Boots has accumulated €10.62 Billion in debt which can lead to volatile earnings | |
| Walgreens Boots Alliance has accumulated 10.62 B in total debt with debt to equity ratio (D/E) of 71.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Walgreens Boots Alliance has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Walgreens Boots until it has trouble settling it off, either with new capital or with free cash flow. So, Walgreens Boots' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Walgreens Boots Alliance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Walgreens to invest in growth at high rates of return. When we think about Walgreens Boots' use of debt, we should always consider it together with cash and equity. | |
| About 62.0% of Walgreens Boots outstanding shares are owned by institutional investors |
Walgreens Boots 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 Walgreens Stock often depends not only on the future outlook of the current and 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 | 864.6 M |
Walgreens Boots Technical Analysis
Walgreens Boots' future price can be derived by breaking down and analyzing its technical indicators over time. Walgreens Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Walgreens Boots Alliance. In general, you should focus on analyzing Walgreens Stock price patterns and their correlations with different microeconomic environments and drivers.
Walgreens Boots Predictive Forecast Models
Walgreens Boots' time-series forecasting models is one of many Walgreens Boots' 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 Walgreens Boots' 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 Walgreens Boots Alliance
Checking the ongoing alerts about Walgreens Boots for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Walgreens Boots Alliance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Walgreens Boots had very high historical volatility over the last 90 days | |
| Walgreens Boots has high likelihood to experience some financial distress in the next 2 years | |
| Walgreens Boots has accumulated €10.62 Billion in debt which can lead to volatile earnings | |
| Walgreens Boots Alliance has accumulated 10.62 B in total debt with debt to equity ratio (D/E) of 71.0, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Walgreens Boots Alliance has a current ratio of 0.74, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Walgreens Boots until it has trouble settling it off, either with new capital or with free cash flow. So, Walgreens Boots' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Walgreens Boots Alliance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Walgreens to invest in growth at high rates of return. When we think about Walgreens Boots' use of debt, we should always consider it together with cash and equity. | |
| About 62.0% of Walgreens Boots outstanding shares are owned by institutional investors |
Additional Information and Resources on Investing in Walgreens Stock
When determining whether Walgreens Boots Alliance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Walgreens Boots' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Walgreens Boots Alliance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Walgreens Boots Alliance Stock:Check out Walgreens Boots Backtesting, Walgreens Boots Valuation, Walgreens Boots Correlation, Walgreens Boots Hype Analysis, Walgreens Boots Volatility, Walgreens Boots History as well as Walgreens Boots Performance. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.