Wesizwe (South Africa) Odds of Future Stock Price Finishing Under 35.30
| WEZ Stock | 42.00 4.00 8.70% |
Wesizwe |
Wesizwe Target Price Odds to finish below 35.30
The tendency of Wesizwe 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 drop to 35.30 or more in 90 days |
| 42.00 | 90 days | 35.30 | near 1 |
Based on a normal probability distribution, the odds of Wesizwe to drop to 35.30 or more in 90 days from now is near 1 (This Wesizwe probability density function shows the probability of Wesizwe Stock to fall within a particular range of prices over 90 days) . Probability of Wesizwe price to stay between 35.30 and its current price of 42.0 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon Wesizwe has a beta of 0.44. This entails as returns on the market go up, Wesizwe average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wesizwe will be expected to be much smaller as well. Additionally Wesizwe 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. Wesizwe Price Density |
| Price |
Predictive Modules for Wesizwe
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wesizwe. 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.Wesizwe Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wesizwe is not an exception. The market had few large corrections towards the Wesizwe'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 Wesizwe, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wesizwe within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.17 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 2.54 | |
Ir | Information ratio | -0.06 |
Wesizwe 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 Wesizwe for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wesizwe can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wesizwe generated a negative expected return over the last 90 days | |
| Wesizwe has high historical volatility and very poor performance | |
| Wesizwe has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (24.52 M) with profit before overhead, payroll, taxes, and interest of 749.46 M. | |
| Wesizwe generates negative cash flow from operations | |
| About 69.0% of the company outstanding shares are owned by insiders |
Wesizwe 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 Wesizwe Stock often depends not only on the future outlook of the current and potential Wesizwe'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. Wesizwe's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.6 B | |
| Cash And Short Term Investments | 374.1 M |
Wesizwe Technical Analysis
Wesizwe's future price can be derived by breaking down and analyzing its technical indicators over time. Wesizwe Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wesizwe. In general, you should focus on analyzing Wesizwe Stock price patterns and their correlations with different microeconomic environments and drivers.
Wesizwe Predictive Forecast Models
Wesizwe's time-series forecasting models is one of many Wesizwe'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 Wesizwe'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 Wesizwe
Checking the ongoing alerts about Wesizwe for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wesizwe help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wesizwe generated a negative expected return over the last 90 days | |
| Wesizwe has high historical volatility and very poor performance | |
| Wesizwe has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (24.52 M) with profit before overhead, payroll, taxes, and interest of 749.46 M. | |
| Wesizwe generates negative cash flow from operations | |
| About 69.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Wesizwe Stock
Wesizwe financial ratios help investors to determine whether Wesizwe 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 Wesizwe with respect to the benefits of owning Wesizwe security.