The Weir Group Stock Chance of Future Pink Sheet Price Finishing Under 25.35
| WEIGF Stock | USD 27.05 0.00 0.00% |
Weir |
Weir Target Price Odds to finish below 25.35
The tendency of Weir Pink Sheet 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 $ 25.35 or more in 90 days |
| 27.05 | 90 days | 25.35 | roughly 2.84 |
Based on a normal probability distribution, the odds of Weir to drop to $ 25.35 or more in 90 days from now is roughly 2.84 (This The Weir Group probability density function shows the probability of Weir Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Weir Group price to stay between $ 25.35 and its current price of $27.05 at the end of the 90-day period is about 22.36 .
Assuming the 90 days horizon Weir has a beta of 0.0132. This entails as returns on the market go up, Weir average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding The Weir Group will be expected to be much smaller as well. Additionally The Weir Group has an alpha of 0.1013, implying that it can generate a 0.1 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Weir Price Density |
| Price |
Predictive Modules for Weir
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Weir Group. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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.Weir Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Weir is not an exception. The market had few large corrections towards the Weir'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 The Weir Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Weir within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.10 | |
β | Beta against Dow Jones | 0.01 | |
σ | Overall volatility | 1.38 | |
Ir | Information ratio | -0.0061 |
Weir 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 Weir for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Weir 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.| Over 76.0% of the company outstanding shares are owned by institutional investors |
Weir 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 Weir Pink Sheet often depends not only on the future outlook of the current and potential Weir'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. Weir's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 259.6 M |
Weir Technical Analysis
Weir's future price can be derived by breaking down and analyzing its technical indicators over time. Weir Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of The Weir Group. In general, you should focus on analyzing Weir Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Weir Predictive Forecast Models
Weir's time-series forecasting models is one of many Weir's pink sheet 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 Weir'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Weir Group
Checking the ongoing alerts about Weir for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Weir Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 76.0% of the company outstanding shares are owned by institutional investors |
Other Information on Investing in Weir Pink Sheet
Weir financial ratios help investors to determine whether Weir Pink Sheet 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 Weir with respect to the benefits of owning Weir security.