Westshore Terminals Investment Stock Probability of Future Stock Price Finishing Under 19.12
| WTE Stock | CAD 24.26 0.22 0.92% |
Westshore |
Westshore Terminals Target Price Odds to finish below 19.12
The tendency of Westshore 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 C$ 19.12 or more in 90 days |
| 24.26 | 90 days | 19.12 | near 1 |
Based on a normal probability distribution, the odds of Westshore Terminals to drop to C$ 19.12 or more in 90 days from now is near 1 (This Westshore Terminals Investment probability density function shows the probability of Westshore Stock to fall within a particular range of prices over 90 days) . Probability of Westshore Terminals price to stay between C$ 19.12 and its current price of C$24.26 at the end of the 90-day period is about 88.39 .
Assuming the 90 days trading horizon Westshore Terminals has a beta of 0.77. This entails as returns on the market go up, Westshore Terminals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Westshore Terminals Investment will be expected to be much smaller as well. Additionally Westshore Terminals Investment 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. Westshore Terminals Price Density |
| Price |
Predictive Modules for Westshore Terminals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Westshore Terminals. 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.Westshore Terminals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Westshore Terminals is not an exception. The market had few large corrections towards the Westshore Terminals' 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 Westshore Terminals Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Westshore Terminals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.77 | |
σ | Overall volatility | 0.51 | |
Ir | Information ratio | -0.07 |
Westshore Terminals 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 Westshore Terminals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Westshore Terminals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 48.0% of the company outstanding shares are owned by insiders |
Westshore Terminals 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 Westshore Stock often depends not only on the future outlook of the current and potential Westshore Terminals' 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. Westshore Terminals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 62.5 M | |
| Cash And Short Term Investments | 164.7 M |
Westshore Terminals Technical Analysis
Westshore Terminals' future price can be derived by breaking down and analyzing its technical indicators over time. Westshore Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Westshore Terminals Investment. In general, you should focus on analyzing Westshore Stock price patterns and their correlations with different microeconomic environments and drivers.
Westshore Terminals Predictive Forecast Models
Westshore Terminals' time-series forecasting models is one of many Westshore Terminals' 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 Westshore Terminals' 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 Westshore Terminals
Checking the ongoing alerts about Westshore Terminals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Westshore Terminals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 48.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Westshore Stock
Westshore Terminals financial ratios help investors to determine whether Westshore Stock 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 Westshore with respect to the benefits of owning Westshore Terminals security.