Westwater Resources Stock Probability of Future Stock Price Finishing Over 11.89
| WWR Stock | USD 0.59 0.02 3.51% |
Westwater |
Westwater Resources Target Price Odds to finish over 11.89
The tendency of Westwater 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 move over $ 11.89 or more in 90 days |
| 0.59 | 90 days | 11.89 | close to zero percent |
Based on a normal probability distribution, the odds of Westwater Resources to move over $ 11.89 or more in 90 days from now is close to zero percent (This Westwater Resources probability density function shows the probability of Westwater Stock to fall within a particular range of prices over 90 days) . Probability of Westwater Resources price to stay between its current price of $ 0.59 and $ 11.89 at the end of the 90-day period is about 16.52 .
Considering the 90-day investment horizon Westwater Resources has a beta of -0.4. This entails as returns on the benchmark increase, returns on holding Westwater Resources are expected to decrease at a much lower rate. During a bear market, however, Westwater Resources is likely to outperform the market. Additionally Westwater Resources has an alpha of 0.2371, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Westwater Resources Price Density |
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Predictive Modules for Westwater Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Westwater Resources. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Westwater Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Westwater Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Westwater Resources is not an exception. The market had few large corrections towards the Westwater Resources' 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 Westwater Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Westwater Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | -0.4 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.02 |
Westwater Resources 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 Westwater Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Westwater Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Westwater Resources has some characteristics of a very speculative penny stock | |
| Westwater Resources had very high historical volatility over the last 90 days | |
| Reported Net Loss for the year was (7.75 M) with loss before taxes, overhead, and interest of (34 K). | |
| Westwater Resources has about 75.2 M in cash with (11.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Westwater Resources has a frail financial position based on the latest SEC disclosures | |
| Latest headline from MacroaxisInsider: Disposition of 6919 shares by Steven Cates of Westwater Resources at 0.5057 subject to Rule 16b-3 |
Westwater Resources 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 Westwater Stock often depends not only on the future outlook of the current and potential Westwater Resources' 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. Westwater Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52 M | |
| Cash And Short Term Investments | 10.9 M |
Westwater Resources Technical Analysis
Westwater Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Westwater Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Westwater Resources. In general, you should focus on analyzing Westwater Stock price patterns and their correlations with different microeconomic environments and drivers.
Westwater Resources Predictive Forecast Models
Westwater Resources' time-series forecasting models is one of many Westwater Resources' 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 Westwater Resources' 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 Westwater Resources
Checking the ongoing alerts about Westwater Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Westwater Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Westwater Resources has some characteristics of a very speculative penny stock | |
| Westwater Resources had very high historical volatility over the last 90 days | |
| Reported Net Loss for the year was (7.75 M) with loss before taxes, overhead, and interest of (34 K). | |
| Westwater Resources has about 75.2 M in cash with (11.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.31, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Westwater Resources has a frail financial position based on the latest SEC disclosures | |
| Latest headline from MacroaxisInsider: Disposition of 6919 shares by Steven Cates of Westwater Resources at 0.5057 subject to Rule 16b-3 |
Additional Tools for Westwater Stock Analysis
When running Westwater Resources' price analysis, check to measure Westwater Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westwater Resources is operating at the current time. Most of Westwater Resources' value examination focuses on studying past and present price action to predict the probability of Westwater Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westwater Resources' price. Additionally, you may evaluate how the addition of Westwater Resources to your portfolios can decrease your overall portfolio volatility.