West Japan Railway Stock Probability of Future Pink Sheet Price Finishing Under 18.38
| WJRYY Stock | USD 18.47 0.29 1.60% |
West |
West Japan Target Price Odds to finish below 18.38
The tendency of West 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 Price | Horizon | Target Price | Odds to drop to $ 18.38 or more in 90 days |
| 18.47 | 90 days | 18.38 | about 48.58 |
Based on a normal probability distribution, the odds of West Japan to drop to $ 18.38 or more in 90 days from now is about 48.58 (This West Japan Railway probability density function shows the probability of West Pink Sheet to fall within a particular range of prices over 90 days) . Probability of West Japan Railway price to stay between $ 18.38 and its current price of $18.47 at the end of the 90-day period is about 5.05 .
Assuming the 90 days horizon West Japan has a beta of 0.22. This entails as returns on the market go up, West Japan average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding West Japan Railway will be expected to be much smaller as well. Additionally West Japan Railway 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. West Japan Price Density |
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Predictive Modules for West Japan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as West Japan Railway. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of West Japan'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.
West Japan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. West Japan is not an exception. The market had few large corrections towards the West Japan'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 West Japan Railway, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of West Japan within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 0.71 | |
Ir | Information ratio | -0.15 |
West Japan 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 West Japan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for West Japan Railway can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| West Japan Railway generated a negative expected return over the last 90 days | |
| The company reported the revenue of 1.03 T. Net Loss for the year was (113.2 B) with profit before overhead, payroll, taxes, and interest of 43.25 B. | |
| West Japan Railway has accumulated about 313.25 B in cash with (86.47 B) of positive cash flow from operations. |
West Japan 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 West Pink Sheet often depends not only on the future outlook of the current and potential West Japan'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. West Japan's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 219.3 M | |
| Cash And Short Term Investments | 319.9 B |
West Japan Technical Analysis
West Japan's future price can be derived by breaking down and analyzing its technical indicators over time. West Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of West Japan Railway. In general, you should focus on analyzing West Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
West Japan Predictive Forecast Models
West Japan's time-series forecasting models is one of many West Japan'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 West Japan'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 West Japan Railway
Checking the ongoing alerts about West Japan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for West Japan Railway help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| West Japan Railway generated a negative expected return over the last 90 days | |
| The company reported the revenue of 1.03 T. Net Loss for the year was (113.2 B) with profit before overhead, payroll, taxes, and interest of 43.25 B. | |
| West Japan Railway has accumulated about 313.25 B in cash with (86.47 B) of positive cash flow from operations. |
Additional Tools for West Pink Sheet Analysis
When running West Japan's price analysis, check to measure West Japan'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 West Japan is operating at the current time. Most of West Japan's value examination focuses on studying past and present price action to predict the probability of West Japan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move West Japan's price. Additionally, you may evaluate how the addition of West Japan to your portfolios can decrease your overall portfolio volatility.