Welsbach Technology Metals Stock Probability of Future Stock Price Finishing Under 11.28
| WTMA Stock | USD 11.26 0.01 0.09% |
Welsbach |
Welsbach Technology Target Price Odds to finish below 11.28
The tendency of Welsbach 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 stay under $ 11.28 after 90 days |
| 11.26 | 90 days | 11.28 | close to 99 |
Based on a normal probability distribution, the odds of Welsbach Technology to stay under $ 11.28 after 90 days from now is close to 99 (This Welsbach Technology Metals probability density function shows the probability of Welsbach Stock to fall within a particular range of prices over 90 days) . Probability of Welsbach Technology price to stay between its current price of $ 11.26 and $ 11.28 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days Welsbach Technology Metals has a beta of -0.0497. This entails as returns on the benchmark increase, returns on holding Welsbach Technology are expected to decrease at a much lower rate. During a bear market, however, Welsbach Technology Metals is likely to outperform the market. Additionally Welsbach Technology Metals has an alpha of 0.0043, implying that it can generate a 0.004294 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Welsbach Technology Price Density |
| Price |
Predictive Modules for Welsbach Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Welsbach Technology. 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.Welsbach Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Welsbach Technology is not an exception. The market had few large corrections towards the Welsbach Technology'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 Welsbach Technology Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Welsbach Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.38 |
Welsbach Technology 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 Welsbach Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Welsbach Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Net Loss for the year was (54.32 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Welsbach Technology Metals currently holds about 791.15 K in cash with (1.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Welsbach Technology has a very weak financial position based on the latest SEC disclosures | |
| Roughly 66.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: WTMAU stock soars to all-time high of 12.18 amid market optimism - Investing.com |
Welsbach Technology 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 Welsbach Stock often depends not only on the future outlook of the current and potential Welsbach Technology'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. Welsbach Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.5 M | |
| Cash And Short Term Investments | 6760.00 |
Welsbach Technology Technical Analysis
Welsbach Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Welsbach Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Welsbach Technology Metals. In general, you should focus on analyzing Welsbach Stock price patterns and their correlations with different microeconomic environments and drivers.
Welsbach Technology Predictive Forecast Models
Welsbach Technology's time-series forecasting models is one of many Welsbach Technology'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 Welsbach Technology'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.
Things to note about Welsbach Technology
Checking the ongoing alerts about Welsbach Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Welsbach Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Net Loss for the year was (54.32 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Welsbach Technology Metals currently holds about 791.15 K in cash with (1.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Welsbach Technology has a very weak financial position based on the latest SEC disclosures | |
| Roughly 66.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: WTMAU stock soars to all-time high of 12.18 amid market optimism - Investing.com |
Check out Welsbach Technology Backtesting, Welsbach Technology Valuation, Welsbach Technology Correlation, Welsbach Technology Hype Analysis, Welsbach Technology Volatility, Welsbach Technology History as well as Welsbach Technology Performance. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Welsbach Technology. If investors know Welsbach will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Welsbach Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.06) | Return On Assets (0.03) |
The market value of Welsbach Technology is measured differently than its book value, which is the value of Welsbach that is recorded on the company's balance sheet. Investors also form their own opinion of Welsbach Technology's value that differs from its market value or its book value, called intrinsic value, which is Welsbach Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Welsbach Technology's market value can be influenced by many factors that don't directly affect Welsbach Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Welsbach Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Welsbach Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Welsbach Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.