The Weir Group Stock Chance of Future Pink Sheet Price Finishing Over 32.47

WEIGF Stock  USD 27.05  0.00  0.00%   
Weir's future price is the expected price of Weir instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of The Weir Group performance during a given time horizon utilizing its historical volatility. Check out Weir Backtesting, Weir Valuation, Weir Correlation, Weir Hype Analysis, Weir Volatility, Weir History as well as Weir Performance.
  
Please specify Weir's target price for which you would like Weir odds to be computed.

Weir Target Price Odds to finish over 32.47

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 PriceHorizonTarget PriceOdds to move over $ 32.47  or more in 90 days
 27.05 90 days 32.47 
near 1
Based on a normal probability distribution, the odds of Weir to move over $ 32.47  or more in 90 days from now is near 1 (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 its current price of $ 27.05  and $ 32.47  at the end of the 90-day period is about 73.54 .
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.
Hype
Prediction
LowEstimatedHigh
25.1027.0529.00
Details
Intrinsic
Valuation
LowRealHigh
24.3532.4134.36
Details
Naive
Forecast
LowNextHigh
24.5826.5328.48
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.0527.0527.05
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Weir. Your research has to be compared to or analyzed against Weir's peers to derive any actionable benefits. When done correctly, Weir's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Weir Group.

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 Jones0.01
σ
Overall volatility
1.41
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 Outstanding259.6 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.