Woodside Energy Group Stock Probability of Future Stock Price Finishing Over 18.21
| WDS Stock | USD 16.35 0.16 0.99% |
Woodside |
Woodside Energy Target Price Odds to finish over 18.21
The tendency of Woodside 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 over $ 18.21 or more in 90 days |
| 16.35 | 90 days | 18.21 | about 1.95 |
Based on a normal probability distribution, the odds of Woodside Energy to move over $ 18.21 or more in 90 days from now is about 1.95 (This Woodside Energy Group probability density function shows the probability of Woodside Stock to fall within a particular range of prices over 90 days) . Probability of Woodside Energy Group price to stay between its current price of $ 16.35 and $ 18.21 at the end of the 90-day period is about 59.5 .
Considering the 90-day investment horizon Woodside Energy has a beta of 0.44. This entails as returns on the market go up, Woodside Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Woodside Energy Group will be expected to be much smaller as well. Additionally Woodside Energy Group 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. Woodside Energy Price Density |
| Price |
Predictive Modules for Woodside 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 Woodside Energy Group. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Woodside Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Woodside Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Woodside Energy is not an exception. The market had few large corrections towards the Woodside 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 Woodside Energy Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Woodside Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.07 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 0.79 | |
Ir | Information ratio | -0.07 |
Woodside 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 Woodside Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Woodside Energy Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Woodside Energy generated a negative expected return over the last 90 days | |
| On 3rd of October 2024 Woodside Energy paid $ 0.69 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Woodside Energy Group Ltds Earnings Are Not Doing Enough For Some Investors |
Woodside 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 Woodside Stock often depends not only on the future outlook of the current and potential Woodside 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. Woodside Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.9 B | |
| Cash And Short Term Investments | 1.9 B |
Woodside Energy Technical Analysis
Woodside Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Woodside Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Woodside Energy Group. In general, you should focus on analyzing Woodside Stock price patterns and their correlations with different microeconomic environments and drivers.
Woodside Energy Predictive Forecast Models
Woodside Energy's time-series forecasting models is one of many Woodside 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 Woodside 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 Woodside Energy Group
Checking the ongoing alerts about Woodside Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Woodside Energy Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Woodside Energy generated a negative expected return over the last 90 days | |
| On 3rd of October 2024 Woodside Energy paid $ 0.69 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: Woodside Energy Group Ltds Earnings Are Not Doing Enough For Some Investors |
Additional Tools for Woodside Stock Analysis
When running Woodside Energy's price analysis, check to measure Woodside Energy's 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 Woodside Energy is operating at the current time. Most of Woodside Energy's value examination focuses on studying past and present price action to predict the probability of Woodside Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woodside Energy's price. Additionally, you may evaluate how the addition of Woodside Energy to your portfolios can decrease your overall portfolio volatility.