Wesco International Stock Price Prediction

WCC Stock  USD 207.41  5.57  2.76%   
The relative strength index (RSI) of WESCO International's the stock price is about 69. This entails that the stock is rather overbought by investors at the present time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling WESCO, making its price go up or down.

Oversold Vs Overbought

69

 
Oversold
 
Overbought
The successful prediction of WESCO International's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with WESCO International, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting WESCO International's stock price prediction:
Quarterly Earnings Growth
(0.09)
EPS Estimate Next Quarter
3.41
EPS Estimate Current Year
12.282
EPS Estimate Next Year
14.5
Wall Street Target Price
217.5933
Using WESCO International hype-based prediction, you can estimate the value of WESCO International from the perspective of WESCO International response to recently generated media hype and the effects of current headlines on its competitors.

WESCO International Hype to Price Pattern

Investor biases related to WESCO International's public news can be used to forecast risks associated with an investment in WESCO. The trend in average sentiment can be used to explain how an investor holding WESCO can time the market purely based on public headlines and social activities around WESCO International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of WESCO International's market sentiment to its price can help taders to make decisions based on the overall investors consensus about WESCO International.
The fear of missing out, i.e., FOMO, can cause potential investors in WESCO International to buy its stock at a price that has no basis in reality. In that case, they are not buying WESCO 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.

WESCO International after-hype prediction price

    
  USD 207.41  
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 WESCO International Basic Forecasting Models to cross-verify your projections.
For information on how to trade WESCO Stock refer to our How to Trade WESCO Stock guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WESCO International's 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.
Intrinsic
Valuation
LowRealHigh
175.93178.65228.15
Details
Naive
Forecast
LowNextHigh
193.16195.88198.59
Details
13 Analysts
Consensus
LowTargetHigh
175.08192.40213.56
Details
Earnings
Estimates (0)
LowProjected EPSHigh
3.003.073.11
Details

WESCO International After-Hype Price Prediction Density Analysis

As far as predicting the price of WESCO International 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 WESCO International 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 WESCO International, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

WESCO International Estimiated After-Hype Price Volatility

In the context of predicting WESCO International's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on WESCO International's historical news coverage. WESCO International's after-hype downside and upside margins for the prediction period are 204.69 and 210.13, respectively. We have considered WESCO International'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
207.41
204.69
Downside
207.41
After-hype Price
210.13
Upside
WESCO International is very steady at this time. Analysis and calculation of next after-hype price of WESCO International is based on 3 months time horizon.

WESCO International Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as WESCO International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading WESCO International 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 WESCO International, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.39 
2.72
  1.33 
  0.07 
10 Events / Month
8 Events / Month
In about 10 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
207.41
207.41
0.00 
79.77  
Notes

WESCO International Hype Timeline

On the 22nd of November WESCO International is traded for 207.41. The entity has historical hype elasticity of 1.33, and average elasticity to hype of competition of -0.07. WESCO is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 79.77%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at 0.39%. %. The volatility of related hype on WESCO International is about 1542.27%, with the expected price after the next announcement by competition of 207.34. About 96.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.96. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. WESCO International has Price/Earnings To Growth (PEG) ratio of 1.82. The entity recorded earning per share (EPS) of 12.47. The firm last dividend was issued on the 13th of September 2024. WESCO International had 5:289 split on the 13th of May 1999. Considering the 90-day investment horizon the next forecasted press release will be in about 10 days.
Check out WESCO International Basic Forecasting Models to cross-verify your projections.
For information on how to trade WESCO Stock refer to our How to Trade WESCO Stock guide.

WESCO International Related Hype Analysis

Having access to credible news sources related to WESCO International's direct competition is more important than ever and may enhance your ability to predict WESCO International's future price movements. Getting to know how WESCO International'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 WESCO International may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
DXPEDXP Enterprises 0.69 8 per month 1.65  0.13  3.89 (2.97) 22.06 
AITApplied Industrial Technologies 2.62 8 per month 0.76  0.15  3.17 (1.63) 15.15 
FERGFerguson Plc 1.40 10 per month 0.00 (0.08) 2.15 (2.70) 10.59 
GICGlobal Industrial Co(0.04)8 per month 0.00 (0.1) 2.27 (2.31) 24.01 
MSMMSC Industrial Direct 0.06 10 per month 1.71 (0.02) 3.08 (2.68) 10.99 
CNMCore Main 0.23 13 per month 0.00 (0.1) 3.49 (3.55) 18.95 
GWWWW Grainger(11.73)10 per month 0.66  0.14  2.52 (1.45) 8.66 
SITESiteOne Landscape Supply 8.20 7 per month 1.95 (0.02) 3.84 (3.24) 11.76 
POOLPool Corporation(5.39)10 per month 1.65 (0.02) 2.75 (3.00) 12.54 
FASTFastenal Company(0.40)11 per month 0.54  0.12  1.52 (1.58) 11.50 
WSOWatsco Inc 2.42 9 per month 1.50  0.06  2.41 (3.18) 9.11 

WESCO International Additional Predictive Modules

Most predictive techniques to examine WESCO price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for WESCO using various technical indicators. When you analyze WESCO 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 WESCO International Predictive Indicators

The successful prediction of WESCO International 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 WESCO International, 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 WESCO International based on analysis of WESCO International hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to WESCO International's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to WESCO International's related companies.
 2021 2022 2023 (projected)
Dividend Yield0.0086720.0090370.0151
Price To Sales Ratio0.360.30.4

Story Coverage note for WESCO International

The number of cover stories for WESCO International depends on current market conditions and WESCO International's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that WESCO International 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 WESCO International's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

WESCO International Short Properties

WESCO International's future price predictability will typically decrease when WESCO International's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of WESCO International often depends not only on the future outlook of the potential WESCO International'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. WESCO International's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding52.3 M
Cash And Short Term Investments524.1 M

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