Westlake Chemical (Germany) Price Prediction

UEO Stock  EUR 121.00  1.00  0.82%   
As of 30th of November 2024, the value of RSI of Westlake Chemical's share price is approaching 37. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Westlake Chemical, making its price go up or down.

Oversold Vs Overbought

37

 
Oversold
 
Overbought
The successful prediction of Westlake Chemical's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Westlake Chemical and does not consider all of the tangible or intangible factors available from Westlake Chemical's fundamental data. We analyze noise-free headlines and recent hype associated with Westlake Chemical, which may create opportunities for some arbitrage if properly timed.
Using Westlake Chemical hype-based prediction, you can estimate the value of Westlake Chemical from the perspective of Westlake Chemical response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Westlake Chemical to buy its stock at a price that has no basis in reality. In that case, they are not buying Westlake because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Westlake Chemical after-hype prediction price

    
  EUR 121.0  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
  
Check out Westlake Chemical Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Westlake Stock please use our How to Invest in Westlake Chemical guide.
Intrinsic
Valuation
LowRealHigh
102.26103.73133.10
Details
Naive
Forecast
LowNextHigh
118.13119.60121.08
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
117.97121.54125.12
Details

Westlake Chemical After-Hype Price Prediction Density Analysis

As far as predicting the price of Westlake Chemical at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Westlake Chemical or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Westlake Chemical, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Westlake Chemical Estimiated After-Hype Price Volatility

In the context of predicting Westlake Chemical's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Westlake Chemical's historical news coverage. Westlake Chemical's after-hype downside and upside margins for the prediction period are 119.53 and 122.47, respectively. We have considered Westlake Chemical's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
121.00
119.53
Downside
121.00
After-hype Price
122.47
Upside
Westlake Chemical is very steady at this time. Analysis and calculation of next after-hype price of Westlake Chemical is based on 3 months time horizon.

Westlake Chemical Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Westlake Chemical is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Westlake Chemical backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Westlake Chemical, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.10 
1.47
 0.00  
 0.00  
0 Events / Month
0 Events / Month
Any time
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
121.00
121.00
0.00 
0.00  
Notes

Westlake Chemical Hype Timeline

Westlake Chemical is at this time traded for 121.00on Frankfurt Exchange of Germany. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Westlake is estimated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is estimated to be very small, whereas the daily expected return is at this time at -0.1%. %. The volatility of related hype on Westlake Chemical is about 0.0%, with the expected price after the next announcement by competition of 121.00. About 74.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.44. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Westlake Chemical recorded earning per share (EPS) of 16.34. The entity last dividend was issued on the 28th of February 2023. The firm had 2:1 split on the 19th of March 2014. Assuming the 90 days horizon the next estimated press release will be any time.
Check out Westlake Chemical Basic Forecasting Models to cross-verify your projections.
For more detail on how to invest in Westlake Stock please use our How to Invest in Westlake Chemical guide.

Westlake Chemical Related Hype Analysis

Having access to credible news sources related to Westlake Chemical's direct competition is more important than ever and may enhance your ability to predict Westlake Chemical's future price movements. Getting to know how Westlake Chemical's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Westlake Chemical may potentially react to the hype associated with one of its peers.

Westlake Chemical Additional Predictive Modules

Most predictive techniques to examine Westlake price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Westlake using various technical indicators. When you analyze Westlake charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Westlake Chemical Predictive Indicators

The successful prediction of Westlake Chemical stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Westlake Chemical, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Westlake Chemical based on analysis of Westlake Chemical hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Westlake Chemical's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Westlake Chemical's related companies.

Story Coverage note for Westlake Chemical

The number of cover stories for Westlake Chemical depends on current market conditions and Westlake Chemical's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Westlake Chemical is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Westlake Chemical's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

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Westlake Chemical Short Properties

Westlake Chemical's future price predictability will typically decrease when Westlake Chemical's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Westlake Chemical often depends not only on the future outlook of the potential Westlake Chemical'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. Westlake Chemical's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding127.4 M

Complementary Tools for Westlake Stock analysis

When running Westlake Chemical's price analysis, check to measure Westlake Chemical's 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 Westlake Chemical is operating at the current time. Most of Westlake Chemical's value examination focuses on studying past and present price action to predict the probability of Westlake Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westlake Chemical's price. Additionally, you may evaluate how the addition of Westlake Chemical to your portfolios can decrease your overall portfolio volatility.
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