WA1 Resources (Australia) Probability of Future Stock Price Finishing Under 10.25
| WA1 Stock | 16.05 0.94 5.53% |
WA1 |
WA1 Resources Target Price Odds to finish below 10.25
The tendency of WA1 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 10.25 or more in 90 days |
| 16.05 | 90 days | 10.25 | near 1 |
Based on a normal probability distribution, the odds of WA1 Resources to drop to 10.25 or more in 90 days from now is near 1 (This WA1 Resources probability density function shows the probability of WA1 Stock to fall within a particular range of prices over 90 days) . Probability of WA1 Resources price to stay between 10.25 and its current price of 16.05 at the end of the 90-day period is about 88.5 .
Assuming the 90 days trading horizon WA1 Resources has a beta of -0.61. This entails as returns on the benchmark increase, returns on holding WA1 Resources are expected to decrease at a much lower rate. During a bear market, however, WA1 Resources is likely to outperform the market. Additionally WA1 Resources has an alpha of 0.1624, implying that it can generate a 0.16 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WA1 Resources Price Density |
| Price |
Predictive Modules for WA1 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 WA1 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.WA1 Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WA1 Resources is not an exception. The market had few large corrections towards the WA1 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 WA1 Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WA1 Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | -0.61 | |
σ | Overall volatility | 1.19 | |
Ir | Information ratio | -0.0078 |
WA1 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 WA1 Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WA1 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.| WA1 Resources generated a negative expected return over the last 90 days | |
| WA1 Resources has high historical volatility and very poor performance | |
| WA1 Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 261.12 K. Net Loss for the year was (3.54 M) with profit before overhead, payroll, taxes, and interest of 28. | |
| WA1 Resources generates negative cash flow from operations | |
| About 41.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Up 52 percent this year, why is this ASX All Ords stock halted today - MSN |
WA1 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 WA1 Stock often depends not only on the future outlook of the current and potential WA1 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. WA1 Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 58.1 M | |
| Cash And Short Term Investments | 46.9 M |
WA1 Resources Technical Analysis
WA1 Resources' future price can be derived by breaking down and analyzing its technical indicators over time. WA1 Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WA1 Resources. In general, you should focus on analyzing WA1 Stock price patterns and their correlations with different microeconomic environments and drivers.
WA1 Resources Predictive Forecast Models
WA1 Resources' time-series forecasting models is one of many WA1 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 WA1 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 WA1 Resources
Checking the ongoing alerts about WA1 Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WA1 Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WA1 Resources generated a negative expected return over the last 90 days | |
| WA1 Resources has high historical volatility and very poor performance | |
| WA1 Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 261.12 K. Net Loss for the year was (3.54 M) with profit before overhead, payroll, taxes, and interest of 28. | |
| WA1 Resources generates negative cash flow from operations | |
| About 41.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Up 52 percent this year, why is this ASX All Ords stock halted today - MSN |
Additional Tools for WA1 Stock Analysis
When running WA1 Resources' price analysis, check to measure WA1 Resources' 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 WA1 Resources is operating at the current time. Most of WA1 Resources' value examination focuses on studying past and present price action to predict the probability of WA1 Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WA1 Resources' price. Additionally, you may evaluate how the addition of WA1 Resources to your portfolios can decrease your overall portfolio volatility.