Waga Energy (France) Probability of Future Stock Price Finishing Over 14.86
| WAGA Stock | 14.86 0.60 3.88% |
Waga |
Waga Energy Target Price Odds to finish over 14.86
The tendency of Waga 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 move above the current price in 90 days |
| 14.86 | 90 days | 14.86 | about 86.35 |
Based on a normal probability distribution, the odds of Waga Energy to move above the current price in 90 days from now is about 86.35 (This Waga Energy SA probability density function shows the probability of Waga Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Waga Energy SA has a beta of -0.49. This entails as returns on the benchmark increase, returns on holding Waga Energy are expected to decrease at a much lower rate. During a bear market, however, Waga Energy SA is likely to outperform the market. Additionally Waga Energy SA has an alpha of 0.1261, implying that it can generate a 0.13 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Waga Energy Price Density |
| Price |
Predictive Modules for Waga Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Waga Energy SA. 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.Waga Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Waga Energy is not an exception. The market had few large corrections towards the Waga Energy'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 Waga Energy SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Waga Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.13 | |
β | Beta against Dow Jones | -0.49 | |
σ | Overall volatility | 1.25 | |
Ir | Information ratio | -0.01 |
Waga Energy 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 Waga Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Waga Energy SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Waga Energy SA generated a negative expected return over the last 90 days | |
| The company reported the revenue of 12.64 M. Net Loss for the year was (8.06 M) with profit before overhead, payroll, taxes, and interest of 6.69 M. | |
| Waga Energy SA has accumulated about 122.91 M in cash with (952 K) of positive cash flow from operations. | |
| Roughly 66.0% of the company outstanding shares are owned by insiders |
Waga Energy 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 Waga Stock often depends not only on the future outlook of the current and potential Waga Energy's 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. Waga Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 15.4 M | |
| Cash And Short Term Investments | 122.9 M |
Waga Energy Technical Analysis
Waga Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Waga Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Waga Energy SA. In general, you should focus on analyzing Waga Stock price patterns and their correlations with different microeconomic environments and drivers.
Waga Energy Predictive Forecast Models
Waga Energy's time-series forecasting models is one of many Waga Energy's 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 Waga Energy'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 stock market movement and maximize returns from investment trading.
Things to note about Waga Energy SA
Checking the ongoing alerts about Waga Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Waga Energy SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Waga Energy SA generated a negative expected return over the last 90 days | |
| The company reported the revenue of 12.64 M. Net Loss for the year was (8.06 M) with profit before overhead, payroll, taxes, and interest of 6.69 M. | |
| Waga Energy SA has accumulated about 122.91 M in cash with (952 K) of positive cash flow from operations. | |
| Roughly 66.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Waga Stock
Waga Energy financial ratios help investors to determine whether Waga Stock 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 Waga with respect to the benefits of owning Waga Energy security.