Walgreens Boots (Germany) Probability of Future Stock Price Finishing Over 8.53

W8A Stock  EUR 10.01  1.62  19.31%   
Walgreens Boots' future price is the expected price of Walgreens Boots instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Walgreens Boots Alliance performance during a given time horizon utilizing its historical volatility. 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.
  
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Walgreens Boots Target Price Odds to finish over 8.53

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 PriceHorizonTarget PriceOdds to stay above € 8.53  in 90 days
 10.01 90 days 8.53 
about 24.39
Based on a normal probability distribution, the odds of Walgreens Boots to stay above € 8.53  in 90 days from now is about 24.39 (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 € 8.53  and its current price of €10.01 at the end of the 90-day period is about 24.38 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.21 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Walgreens Boots will likely underperform. Additionally Walgreens Boots Alliance has an alpha of 0.0189, implying that it can generate a 0.0189 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.
Hype
Prediction
LowEstimatedHigh
5.118.3911.67
Details
Intrinsic
Valuation
LowRealHigh
3.787.0610.34
Details
Naive
Forecast
LowNextHigh
4.758.0211.30
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
7.808.298.78
Details

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
0.02
β
Beta against Dow Jones1.21
σ
Overall volatility
0.49
Ir
Information ratio 0.01

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 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

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 Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Please note, there is a significant difference between Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Walgreens Boots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.