Woolworths Group Limited Stock Probability of Future Pink Sheet Price Finishing Over 21.05
| WOLWF Stock | USD 18.34 3.20 14.86% |
Woolworths |
Woolworths Group Target Price Odds to finish over 21.05
The tendency of Woolworths 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 move over $ 21.05 or more in 90 days |
| 18.34 | 90 days | 21.05 | about 73.89 |
Based on a normal probability distribution, the odds of Woolworths Group to move over $ 21.05 or more in 90 days from now is about 73.89 (This Woolworths Group Limited probability density function shows the probability of Woolworths Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Woolworths Group price to stay between its current price of $ 18.34 and $ 21.05 at the end of the 90-day period is about 25.85 .
Assuming the 90 days horizon Woolworths Group Limited has a beta of -0.35. This entails as returns on the benchmark increase, returns on holding Woolworths Group are expected to decrease at a much lower rate. During a bear market, however, Woolworths Group Limited is likely to outperform the market. Additionally Woolworths Group Limited 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. Woolworths Group Price Density |
| Price |
Predictive Modules for Woolworths Group
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Woolworths Group. 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 Woolworths Group'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.
Woolworths Group Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Woolworths Group is not an exception. The market had few large corrections towards the Woolworths Group'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 Woolworths Group Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Woolworths Group within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | -0.35 | |
σ | Overall volatility | 1.25 | |
Ir | Information ratio | -0.11 |
Woolworths Group 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 Woolworths Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Woolworths Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Woolworths Group generated a negative expected return over the last 90 days | |
| Woolworths Group has high historical volatility and very poor performance | |
| Woolworths Group Limited has accumulated 3.94 B in total debt with debt to equity ratio (D/E) of 2.75, implying the company greatly relies on financing operations through barrowing. Woolworths Group has a current ratio of 0.56, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Woolworths Group until it has trouble settling it off, either with new capital or with free cash flow. So, Woolworths Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Woolworths Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Woolworths to invest in growth at high rates of return. When we think about Woolworths Group's use of debt, we should always consider it together with cash and equity. |
Woolworths Group 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 Woolworths Pink Sheet often depends not only on the future outlook of the current and potential Woolworths Group'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. Woolworths Group's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B |
Woolworths Group Technical Analysis
Woolworths Group's future price can be derived by breaking down and analyzing its technical indicators over time. Woolworths Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Woolworths Group Limited. In general, you should focus on analyzing Woolworths Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Woolworths Group Predictive Forecast Models
Woolworths Group's time-series forecasting models is one of many Woolworths Group'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 Woolworths Group'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 Woolworths Group
Checking the ongoing alerts about Woolworths Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Woolworths Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Woolworths Group generated a negative expected return over the last 90 days | |
| Woolworths Group has high historical volatility and very poor performance | |
| Woolworths Group Limited has accumulated 3.94 B in total debt with debt to equity ratio (D/E) of 2.75, implying the company greatly relies on financing operations through barrowing. Woolworths Group has a current ratio of 0.56, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Woolworths Group until it has trouble settling it off, either with new capital or with free cash flow. So, Woolworths Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Woolworths Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Woolworths to invest in growth at high rates of return. When we think about Woolworths Group's use of debt, we should always consider it together with cash and equity. |
Other Information on Investing in Woolworths Pink Sheet
Woolworths Group financial ratios help investors to determine whether Woolworths Pink Sheet 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 Woolworths with respect to the benefits of owning Woolworths Group security.