Walgreens Boots Alliance Stock Probability of Future Stock Price Finishing Over 8.30
| WBA Stock | USD 8.30 0.06 0.73% |
Closest to current price Walgreens long CALL Option Payoff at Expiration
Walgreens |
Walgreens Boots Target Price Odds to finish over 8.30
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 move above the current price in 90 days |
| 8.30 | 90 days | 8.30 | about 86.04 |
Based on a normal probability distribution, the odds of Walgreens Boots to move above the current price in 90 days from now is about 86.04 (This Walgreens Boots Alliance probability density function shows the probability of Walgreens Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Walgreens Boots has a beta of 0.41. 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 a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. 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 | -0.31 | |
β | Beta against Dow Jones | 0.41 | |
σ | Overall volatility | 0.61 | |
Ir | Information ratio | -0.1 |
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 generated a negative expected return over the last 90 days | |
| Walgreens Boots has high historical volatility and very poor performance | |
| Walgreens Boots Alliance has 32.85 B in debt with debt to equity (D/E) ratio of 1.2, which is OK given its current industry classification. Walgreens Boots Alliance has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Walgreens to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 147.66 B. Reported Net Loss for the year was (15.45 B) with profit before taxes, overhead, and interest of 27.07 B. | |
| Walgreens Boots has a strong financial position based on the latest SEC filings | |
| About 62.0% of Walgreens Boots outstanding shares are owned by institutional investors | |
| On 30th of September 2024 Walgreens Boots paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Walgreens Boots Alliance Stock Moves -0.6 percent What You Should Know |
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 | 863.1 M | |
| Cash And Short Term Investments | 3.1 B |
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 generated a negative expected return over the last 90 days | |
| Walgreens Boots has high historical volatility and very poor performance | |
| Walgreens Boots Alliance has 32.85 B in debt with debt to equity (D/E) ratio of 1.2, which is OK given its current industry classification. Walgreens Boots Alliance has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Walgreens to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 147.66 B. Reported Net Loss for the year was (15.45 B) with profit before taxes, overhead, and interest of 27.07 B. | |
| Walgreens Boots has a strong financial position based on the latest SEC filings | |
| About 62.0% of Walgreens Boots outstanding shares are owned by institutional investors | |
| On 30th of September 2024 Walgreens Boots paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Walgreens Boots Alliance Stock Moves -0.6 percent What You Should Know |
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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Walgreens Boots. If investors know Walgreens will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Walgreens Boots listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.915 | Dividend Share 1.23 | Earnings Share (10.01) | Revenue Per Share 171.079 | Quarterly Revenue Growth 0.06 |
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.