WGHT WTCHER (Germany) Probability of Future Stock Price Finishing Under 1.12
| WW6 Stock | EUR 1.26 0.14 12.50% |
WGHT |
WGHT WTCHER Target Price Odds to finish below 1.12
The tendency of WGHT 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 € 1.12 or more in 90 days |
| 1.26 | 90 days | 1.12 | about 78.75 |
Based on a normal probability distribution, the odds of WGHT WTCHER to drop to € 1.12 or more in 90 days from now is about 78.75 (This WGHT WTCHER INTL probability density function shows the probability of WGHT Stock to fall within a particular range of prices over 90 days) . Probability of WGHT WTCHER INTL price to stay between € 1.12 and its current price of €1.26 at the end of the 90-day period is about 12.49 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 4.01 . 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, WGHT WTCHER will likely underperform. Moreover WGHT WTCHER INTL has an alpha of 1.0096, implying that it can generate a 1.01 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WGHT WTCHER Price Density |
| Price |
Predictive Modules for WGHT WTCHER
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WGHT WTCHER INTL. 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.WGHT WTCHER Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WGHT WTCHER is not an exception. The market had few large corrections towards the WGHT WTCHER'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 WGHT WTCHER INTL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WGHT WTCHER within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.01 | |
β | Beta against Dow Jones | 4.01 | |
σ | Overall volatility | 0.25 | |
Ir | Information ratio | 0.09 |
WGHT WTCHER 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 WGHT WTCHER for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WGHT WTCHER INTL can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WGHT WTCHER INTL is way too risky over 90 days horizon | |
| WGHT WTCHER INTL may become a speculative penny stock | |
| WGHT WTCHER INTL appears to be risky and price may revert if volatility continues |
WGHT WTCHER 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 WGHT Stock often depends not only on the future outlook of the current and potential WGHT WTCHER'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. WGHT WTCHER's indicators that are reflective of the short sentiment are summarized in the table below.
| Average Daily Volume Last 10 Day | 412 | |
| Average Daily Volume In Three Month | 74 |
WGHT WTCHER Technical Analysis
WGHT WTCHER's future price can be derived by breaking down and analyzing its technical indicators over time. WGHT Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WGHT WTCHER INTL. In general, you should focus on analyzing WGHT Stock price patterns and their correlations with different microeconomic environments and drivers.
WGHT WTCHER Predictive Forecast Models
WGHT WTCHER's time-series forecasting models is one of many WGHT WTCHER'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 WGHT WTCHER'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 WGHT WTCHER INTL
Checking the ongoing alerts about WGHT WTCHER for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WGHT WTCHER INTL help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WGHT WTCHER INTL is way too risky over 90 days horizon | |
| WGHT WTCHER INTL may become a speculative penny stock | |
| WGHT WTCHER INTL appears to be risky and price may revert if volatility continues |
Other Information on Investing in WGHT Stock
WGHT WTCHER financial ratios help investors to determine whether WGHT 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 WGHT with respect to the benefits of owning WGHT WTCHER security.