Woodside Energy (Germany) Probability of Future Stock Price Finishing Under 12.67
| WOP0 Stock | 15.39 0.01 0.06% |
Woodside |
Woodside Energy Target Price Odds to finish below 12.67
The tendency of Woodside 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 12.67 or more in 90 days |
| 15.39 | 90 days | 12.67 | near 1 |
Based on a normal probability distribution, the odds of Woodside Energy to drop to 12.67 or more in 90 days from now is near 1 (This Woodside Energy Group probability density function shows the probability of Woodside Stock to fall within a particular range of prices over 90 days) . Probability of Woodside Energy Group price to stay between 12.67 and its current price of 15.39 at the end of the 90-day period is about 70.29 .
Assuming the 90 days trading horizon Woodside Energy has a beta of 0.59. This entails as returns on the market go up, Woodside Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Woodside Energy Group will be expected to be much smaller as well. Additionally Woodside Energy Group has an alpha of 0.0296, implying that it can generate a 0.0296 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Woodside Energy Price Density |
| Price |
Predictive Modules for Woodside Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Woodside Energy Group. 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.Woodside Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Woodside Energy is not an exception. The market had few large corrections towards the Woodside Energy'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 Woodside Energy Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Woodside Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 0.60 | |
Ir | Information ratio | -0.0094 |
Woodside Energy Technical Analysis
Woodside Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Woodside Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Woodside Energy Group. In general, you should focus on analyzing Woodside Stock price patterns and their correlations with different microeconomic environments and drivers.
Woodside Energy Predictive Forecast Models
Woodside Energy's time-series forecasting models is one of many Woodside Energy'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 Woodside Energy'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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Woodside Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Woodside Energy's short interest history, or implied volatility extrapolated from Woodside Energy options trading.
Additional Information and Resources on Investing in Woodside Stock
When determining whether Woodside Energy Group is a strong investment it is important to analyze Woodside Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Woodside Energy's future performance. For an informed investment choice regarding Woodside Stock, refer to the following important reports:Check out Woodside Energy Backtesting, Woodside Energy Valuation, Woodside Energy Correlation, Woodside Energy Hype Analysis, Woodside Energy Volatility, Woodside Energy History as well as Woodside Energy Performance. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.