Wesana Health Holdings Stock Probability of Future Pink Sheet Price Finishing Over 36.45
| WSNAF Stock | USD 0 0 28.33% |
Wesana |
Wesana Health Target Price Odds to finish over 36.45
The tendency of Wesana 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 $ 36.45 or more in 90 days |
| 0 | 90 days | 36.45 | close to zero percent |
Based on a normal probability distribution, the odds of Wesana Health to move over $ 36.45 or more in 90 days from now is close to zero percent (This Wesana Health Holdings probability density function shows the probability of Wesana Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Wesana Health Holdings price to stay between its current price of $ 0 and $ 36.45 at the end of the 90-day period is close to 99 .
Assuming the 90 days horizon the pink sheet 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, Wesana Health will likely underperform. In addition to that Wesana Health Holdings has an alpha of 5.2424, implying that it can generate a 5.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Wesana Health Price Density |
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Predictive Modules for Wesana Health
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wesana Health Holdings. 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.Wesana Health Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wesana Health is not an exception. The market had few large corrections towards the Wesana Health'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 Wesana Health Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wesana Health within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 5.24 | |
β | Beta against Dow Jones | 1.41 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | 0.15 |
Wesana Health 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 Wesana Health for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wesana Health 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.| Wesana Health is way too risky over 90 days horizon | |
| Wesana Health has some characteristics of a very speculative penny stock | |
| Wesana Health appears to be risky and price may revert if volatility continues | |
| Wesana Health has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 267.2 K. Net Loss for the year was (34.34 M) with profit before overhead, payroll, taxes, and interest of 10.12 K. | |
| Wesana Health Holdings has accumulated about 1.77 M in cash with (11.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Wesana Health 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 Wesana Pink Sheet often depends not only on the future outlook of the current and potential Wesana Health'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. Wesana Health's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 19.1 M | |
| Short Long Term Debt | 157.3 K | |
| Shares Float | 17.6 M |
Wesana Health Technical Analysis
Wesana Health's future price can be derived by breaking down and analyzing its technical indicators over time. Wesana Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wesana Health Holdings. In general, you should focus on analyzing Wesana Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Wesana Health Predictive Forecast Models
Wesana Health's time-series forecasting models is one of many Wesana Health'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 Wesana Health'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 Wesana Health Holdings
Checking the ongoing alerts about Wesana Health for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wesana Health Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wesana Health is way too risky over 90 days horizon | |
| Wesana Health has some characteristics of a very speculative penny stock | |
| Wesana Health appears to be risky and price may revert if volatility continues | |
| Wesana Health has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 267.2 K. Net Loss for the year was (34.34 M) with profit before overhead, payroll, taxes, and interest of 10.12 K. | |
| Wesana Health Holdings has accumulated about 1.77 M in cash with (11.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Other Information on Investing in Wesana Pink Sheet
Wesana Health financial ratios help investors to determine whether Wesana 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 Wesana with respect to the benefits of owning Wesana Health security.