World Acceptance Stock Probability of Future Stock Price Finishing Over 115.15
| WRLD Stock | USD 132.33 1.47 1.12% |
World |
World Acceptance Target Price Odds to finish over 115.15
The tendency of World 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 $ 115.15 in 90 days |
| 132.33 | 90 days | 115.15 | close to 99 |
Based on a normal probability distribution, the odds of World Acceptance to stay above $ 115.15 in 90 days from now is close to 99 (This World Acceptance probability density function shows the probability of World Stock to fall within a particular range of prices over 90 days) . Probability of World Acceptance price to stay between $ 115.15 and its current price of $132.33 at the end of the 90-day period is about 46.82 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.79 . 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, World Acceptance will likely underperform. Additionally World Acceptance has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. World Acceptance Price Density |
| Price |
Predictive Modules for World Acceptance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as World Acceptance. 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 World Acceptance'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.
World Acceptance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. World Acceptance is not an exception. The market had few large corrections towards the World Acceptance'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 World Acceptance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of World Acceptance within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.06 | |
β | Beta against NYSE Composite | 2.79 | |
σ | Overall volatility | 6.74 | |
Ir | Information ratio | 0.01 |
World Acceptance 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 World Acceptance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for World Acceptance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| World Acceptance generated a negative expected return over the last 90 days | |
| Over 86.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from americanbanker.com: CFPB makes structural changes after expanding authority over nonbanks |
World Acceptance 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 World Stock often depends not only on the future outlook of the current and potential World Acceptance'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. World Acceptance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 5.9 M | |
| Cash And Short Term Investments | 16.5 M |
World Acceptance Technical Analysis
World Acceptance's future price can be derived by breaking down and analyzing its technical indicators over time. World Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of World Acceptance. In general, you should focus on analyzing World Stock price patterns and their correlations with different microeconomic environments and drivers.
World Acceptance Predictive Forecast Models
World Acceptance's time-series forecasting models is one of many World Acceptance'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 World Acceptance'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 World Acceptance
Checking the ongoing alerts about World Acceptance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for World Acceptance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| World Acceptance generated a negative expected return over the last 90 days | |
| Over 86.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from americanbanker.com: CFPB makes structural changes after expanding authority over nonbanks |
Check out World Acceptance Backtesting, World Acceptance Valuation, World Acceptance Correlation, World Acceptance Hype Analysis, World Acceptance Volatility, World Acceptance History as well as World Acceptance Performance. For information on how to trade World Stock refer to our How to Trade World Stock guide.You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for World Stock analysis
When running World Acceptance's price analysis, check to measure World Acceptance'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 World Acceptance is operating at the current time. Most of World Acceptance's value examination focuses on studying past and present price action to predict the probability of World Acceptance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move World Acceptance's price. Additionally, you may evaluate how the addition of World Acceptance to your portfolios can decrease your overall portfolio volatility.
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Is World Acceptance's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of World Acceptance. If investors know World will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about World Acceptance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.869 | Earnings Share 11.36 | Revenue Per Share 100.58 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0727 |
The market value of World Acceptance is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Acceptance's value that differs from its market value or its book value, called intrinsic value, which is World Acceptance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because World Acceptance's market value can be influenced by many factors that don't directly affect World Acceptance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between World Acceptance's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Acceptance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Acceptance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.