Wixcom Stock Chance of Future Stock Price Finishing Under 157.64
WIX Stock | USD 217.20 1.99 0.91% |
WixCom |
WixCom Target Price Odds to finish below 157.64
The tendency of WixCom 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 $ 157.64 or more in 90 days |
217.20 | 90 days | 157.64 | about 21.06 |
Based on a normal probability distribution, the odds of WixCom to drop to $ 157.64 or more in 90 days from now is about 21.06 (This WixCom probability density function shows the probability of WixCom Stock to fall within a particular range of prices over 90 days) . Probability of WixCom price to stay between $ 157.64 and its current price of $217.2 at the end of the 90-day period is about 78.8 .
Considering the 90-day investment horizon WixCom has a beta of 0.89. This entails WixCom market returns are sensitive to returns on the market. As the market goes up or down, WixCom is expected to follow. Additionally WixCom has an alpha of 0.3352, implying that it can generate a 0.34 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WixCom Price Density |
Price |
Predictive Modules for WixCom
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WixCom. 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.WixCom Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WixCom is not an exception. The market had few large corrections towards the WixCom'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 WixCom, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WixCom within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.34 | |
β | Beta against Dow Jones | 0.89 | |
σ | Overall volatility | 13.20 | |
Ir | Information ratio | 0.12 |
WixCom 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 WixCom for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WixCom can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.WixCom has a strong financial position based on the latest SEC filings | |
Over 92.0% of the company outstanding shares are owned by institutional investors | |
Latest headline from investing.com: Piper Sandler raises Wix.com target to 249 on strong growth |
WixCom 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 WixCom Stock often depends not only on the future outlook of the current and potential WixCom'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. WixCom's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 58.4 M | |
Cash And Short Term Investments | 962.9 M |
WixCom Technical Analysis
WixCom's future price can be derived by breaking down and analyzing its technical indicators over time. WixCom Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WixCom. In general, you should focus on analyzing WixCom Stock price patterns and their correlations with different microeconomic environments and drivers.
WixCom Predictive Forecast Models
WixCom's time-series forecasting models is one of many WixCom'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 WixCom'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 WixCom
Checking the ongoing alerts about WixCom for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WixCom help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
WixCom has a strong financial position based on the latest SEC filings | |
Over 92.0% of the company outstanding shares are owned by institutional investors | |
Latest headline from investing.com: Piper Sandler raises Wix.com target to 249 on strong growth |
Additional Tools for WixCom Stock Analysis
When running WixCom's price analysis, check to measure WixCom'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 WixCom is operating at the current time. Most of WixCom's value examination focuses on studying past and present price action to predict the probability of WixCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WixCom's price. Additionally, you may evaluate how the addition of WixCom to your portfolios can decrease your overall portfolio volatility.