Wizz Air (Germany) Odds of Future Stock Price Finishing Over 13.21
| WI2 Stock | 15.52 0.82 5.02% |
Wizz |
Wizz Air Target Price Odds to finish over 13.21
The tendency of Wizz 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 stay above 13.21 in 90 days |
| 15.52 | 90 days | 13.21 | about 99.0 |
Based on a normal probability distribution, the odds of Wizz Air to stay above 13.21 in 90 days from now is about 99.0 (This Wizz Air Holdings probability density function shows the probability of Wizz Stock to fall within a particular range of prices over 90 days) . Probability of Wizz Air Holdings price to stay between 13.21 and its current price of 15.52 at the end of the 90-day period is about 47.77 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.41 . 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, Wizz Air will likely underperform. Additionally Wizz Air Holdings has an alpha of 0.037, implying that it can generate a 0.037 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wizz Air Price Density |
| Price |
Predictive Modules for Wizz Air
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wizz Air Holdings. 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 Wizz Air'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.
Wizz Air Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wizz Air is not an exception. The market had few large corrections towards the Wizz Air'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 Wizz Air Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wizz Air within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 1.41 | |
σ | Overall volatility | 1.07 | |
Ir | Information ratio | 0.02 |
Wizz Air 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 Wizz Air for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wizz Air Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wizz Air Holdings had very high historical volatility over the last 90 days | |
| Wizz Air Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.66 B. Net Loss for the year was (631.8 M) with profit before overhead, payroll, taxes, and interest of 0. |
Wizz Air 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 Wizz Stock often depends not only on the future outlook of the current and potential Wizz Air'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. Wizz Air's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 103.1 M | |
| Short Long Term Debt | 300 K |
Wizz Air Technical Analysis
Wizz Air's future price can be derived by breaking down and analyzing its technical indicators over time. Wizz Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wizz Air Holdings. In general, you should focus on analyzing Wizz Stock price patterns and their correlations with different microeconomic environments and drivers.
Wizz Air Predictive Forecast Models
Wizz Air's time-series forecasting models is one of many Wizz Air'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 Wizz Air'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 Wizz Air Holdings
Checking the ongoing alerts about Wizz Air for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wizz Air Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wizz Air Holdings had very high historical volatility over the last 90 days | |
| Wizz Air Holdings has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 1.66 B. Net Loss for the year was (631.8 M) with profit before overhead, payroll, taxes, and interest of 0. |
Additional Tools for Wizz Stock Analysis
When running Wizz Air's price analysis, check to measure Wizz Air'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 Wizz Air is operating at the current time. Most of Wizz Air's value examination focuses on studying past and present price action to predict the probability of Wizz Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wizz Air's price. Additionally, you may evaluate how the addition of Wizz Air to your portfolios can decrease your overall portfolio volatility.