Weatherford International Plc Stock Probability of Future Stock Price Finishing Under 75.41
| WFRD Stock | USD 85.32 2.89 3.51% |
Weatherford |
Weatherford International Target Price Odds to finish below 75.41
The tendency of Weatherford 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 $ 75.41 or more in 90 days |
| 85.32 | 90 days | 75.41 | under 4 |
Based on a normal probability distribution, the odds of Weatherford International to drop to $ 75.41 or more in 90 days from now is under 4 (This Weatherford International PLC probability density function shows the probability of Weatherford Stock to fall within a particular range of prices over 90 days) . Probability of Weatherford International price to stay between $ 75.41 and its current price of $85.32 at the end of the 90-day period is about 25.31 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.17 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Weatherford International will likely underperform. Additionally Weatherford International PLC 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. Weatherford International Price Density |
| Price |
Predictive Modules for Weatherford International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Weatherford International. 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.Weatherford International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Weatherford International is not an exception. The market had few large corrections towards the Weatherford International'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 Weatherford International PLC, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Weatherford International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.48 | |
β | Beta against Dow Jones | 2.17 | |
σ | Overall volatility | 7.77 | |
Ir | Information ratio | -0.13 |
Weatherford International 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 Weatherford International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Weatherford International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Weatherford International generated a negative expected return over the last 90 days | |
| Over 99.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Are Investors Undervaluing Weatherford International plc By 20 |
Weatherford International 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 Weatherford Stock often depends not only on the future outlook of the current and potential Weatherford International'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. Weatherford International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 74 M | |
| Cash And Short Term Investments | 958 M |
Weatherford International Technical Analysis
Weatherford International's future price can be derived by breaking down and analyzing its technical indicators over time. Weatherford Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Weatherford International PLC. In general, you should focus on analyzing Weatherford Stock price patterns and their correlations with different microeconomic environments and drivers.
Weatherford International Predictive Forecast Models
Weatherford International's time-series forecasting models is one of many Weatherford International'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 Weatherford International'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 Weatherford International
Checking the ongoing alerts about Weatherford International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Weatherford International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Weatherford International generated a negative expected return over the last 90 days | |
| Over 99.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Are Investors Undervaluing Weatherford International plc By 20 |
Check out Weatherford International Backtesting, Weatherford International Valuation, Weatherford International Correlation, Weatherford International Hype Analysis, Weatherford International Volatility, Weatherford International History as well as Weatherford International Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Oil & Gas Equipment & Services 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 Weatherford International. If investors know Weatherford 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 Weatherford International 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 0.242 | Dividend Share 0.25 | Earnings Share 7.15 | Revenue Per Share 75.912 | Quarterly Revenue Growth 0.073 |
The market value of Weatherford International is measured differently than its book value, which is the value of Weatherford that is recorded on the company's balance sheet. Investors also form their own opinion of Weatherford International's value that differs from its market value or its book value, called intrinsic value, which is Weatherford International's 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 Weatherford International's market value can be influenced by many factors that don't directly affect Weatherford International's 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 Weatherford International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Weatherford International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weatherford International's 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.