WideOpenWest (Germany) Probability of Future Stock Price Finishing Under 2.82
| WU5 Stock | EUR 4.98 0.12 2.35% |
WideOpenWest |
WideOpenWest Target Price Odds to finish below 2.82
The tendency of WideOpenWest 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 € 2.82 or more in 90 days |
| 4.98 | 90 days | 2.82 | near 1 |
Based on a normal probability distribution, the odds of WideOpenWest to drop to € 2.82 or more in 90 days from now is near 1 (This WideOpenWest probability density function shows the probability of WideOpenWest Stock to fall within a particular range of prices over 90 days) . Probability of WideOpenWest price to stay between € 2.82 and its current price of €4.98 at the end of the 90-day period is about 81.69 .
Assuming the 90 days horizon the stock has the beta coefficient of 1.1 . This entails WideOpenWest market returns are reactive to returns on the market. As the market goes up or down, WideOpenWest is expected to follow. Additionally WideOpenWest 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. WideOpenWest Price Density |
| Price |
Predictive Modules for WideOpenWest
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WideOpenWest. 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.WideOpenWest Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WideOpenWest is not an exception. The market had few large corrections towards the WideOpenWest'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 WideOpenWest, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WideOpenWest within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.11 | |
β | Beta against Dow Jones | 1.10 | |
σ | Overall volatility | 0.21 | |
Ir | Information ratio | -0.03 |
WideOpenWest 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 WideOpenWest for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WideOpenWest can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WideOpenWest has high likelihood to experience some financial distress in the next 2 years | |
| WideOpenWest has accumulated 725 M in total debt. WideOpenWest has a current ratio of 0.55, 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 WideOpenWest until it has trouble settling it off, either with new capital or with free cash flow. So, WideOpenWest'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 WideOpenWest sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WideOpenWest to invest in growth at high rates of return. When we think about WideOpenWest's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 704.9 M. Net Loss for the year was (2.5 M) with profit before overhead, payroll, taxes, and interest of 377.9 M. | |
| Over 89.0% of the company outstanding shares are owned by institutional investors |
WideOpenWest 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 WideOpenWest Stock often depends not only on the future outlook of the current and potential WideOpenWest'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. WideOpenWest's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 86.4 M |
WideOpenWest Technical Analysis
WideOpenWest's future price can be derived by breaking down and analyzing its technical indicators over time. WideOpenWest Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WideOpenWest. In general, you should focus on analyzing WideOpenWest Stock price patterns and their correlations with different microeconomic environments and drivers.
WideOpenWest Predictive Forecast Models
WideOpenWest's time-series forecasting models is one of many WideOpenWest'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 WideOpenWest'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 WideOpenWest
Checking the ongoing alerts about WideOpenWest for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WideOpenWest help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WideOpenWest has high likelihood to experience some financial distress in the next 2 years | |
| WideOpenWest has accumulated 725 M in total debt. WideOpenWest has a current ratio of 0.55, 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 WideOpenWest until it has trouble settling it off, either with new capital or with free cash flow. So, WideOpenWest'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 WideOpenWest sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WideOpenWest to invest in growth at high rates of return. When we think about WideOpenWest's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 704.9 M. Net Loss for the year was (2.5 M) with profit before overhead, payroll, taxes, and interest of 377.9 M. | |
| Over 89.0% of the company outstanding shares are owned by institutional investors |
Additional Information and Resources on Investing in WideOpenWest Stock
When determining whether WideOpenWest is a strong investment it is important to analyze WideOpenWest'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 WideOpenWest's future performance. For an informed investment choice regarding WideOpenWest Stock, refer to the following important reports:Check out WideOpenWest Backtesting, WideOpenWest Valuation, WideOpenWest Correlation, WideOpenWest Hype Analysis, WideOpenWest Volatility, WideOpenWest History as well as WideOpenWest Performance. For more detail on how to invest in WideOpenWest Stock please use our How to Invest in WideOpenWest guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.