WEG SA (Brazil) Chance of Future Stock Price Finishing Over 19.45
| WEGE3 Stock | BRL 38.60 0.38 0.99% |
WEG |
WEG SA Target Price Odds to finish over 19.45
The tendency of WEG 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 stay above R$ 19.45 in 90 days |
| 38.60 | 90 days | 19.45 | close to 99 |
Based on a normal probability distribution, the odds of WEG SA to stay above R$ 19.45 in 90 days from now is close to 99 (This WEG SA probability density function shows the probability of WEG Stock to fall within a particular range of prices over 90 days) . Probability of WEG SA price to stay between R$ 19.45 and its current price of R$38.6 at the end of the 90-day period is about 85.73 .
Assuming the 90 days trading horizon WEG SA has a beta of -0.0837. This entails as returns on the benchmark increase, returns on holding WEG SA are expected to decrease at a much lower rate. During a bear market, however, WEG SA is likely to outperform the market. Additionally WEG SA has an alpha of 0.1981, implying that it can generate a 0.2 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). WEG SA Price Density |
| Price |
Predictive Modules for WEG SA
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WEG SA. 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 WEG SA'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.
WEG SA Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WEG SA is not an exception. The market had few large corrections towards the WEG SA'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 WEG SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WEG SA within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.20 | |
β | Beta against NYSE Composite | -0.08 | |
σ | Overall volatility | 2.45 | |
Ir | Information ratio | 0.09 |
WEG SA 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 WEG SA for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WEG SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 65.0% of the company outstanding shares are owned by insiders |
WEG SA 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 WEG Stock often depends not only on the future outlook of the current and potential WEG SA'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. WEG SA's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.2 B | |
| Cash And Short Term Investments | 3.2 B |
WEG SA Technical Analysis
WEG SA's future price can be derived by breaking down and analyzing its technical indicators over time. WEG Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WEG SA. In general, you should focus on analyzing WEG Stock price patterns and their correlations with different microeconomic environments and drivers.
WEG SA Predictive Forecast Models
WEG SA's time-series forecasting models is one of many WEG SA'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 WEG SA'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 WEG SA
Checking the ongoing alerts about WEG SA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WEG SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 65.0% of the company outstanding shares are owned by insiders |
Check out WEG SA Backtesting, WEG SA Valuation, WEG SA Correlation, WEG SA Hype Analysis, WEG SA Volatility, WEG SA History as well as WEG SA Performance. Note that the WEG SA information on this page should be used as a complementary analysis to other WEG SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for WEG Stock analysis
When running WEG SA's price analysis, check to measure WEG SA'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 WEG SA is operating at the current time. Most of WEG SA's value examination focuses on studying past and present price action to predict the probability of WEG SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WEG SA's price. Additionally, you may evaluate how the addition of WEG SA to your portfolios can decrease your overall portfolio volatility.
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