Weatherford International Stock Forecast - Treynor Ratio
| WFRD Stock | USD 110.93 0.52 0.47% |
Weatherford Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Weatherford International stock prices and determine the direction of Weatherford International PLC's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Weatherford International's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Weatherford International's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Weatherford International's systematic risk associated with finding meaningful patterns of Weatherford International fundamentals over time.
Check out Historical Fundamental Analysis of Weatherford International to cross-verify your projections. Weatherford |
Open Interest Against 2024-04-19 Weatherford Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Weatherford International's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Weatherford International's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Weatherford International stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Weatherford International's open interest, investors have to compare it to Weatherford International's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Weatherford International is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Weatherford. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Weatherford International cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Weatherford International's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Weatherford International's price structures and extracts relationships that further increase the generated results' accuracy.
| Check Weatherford International Volatility | Backtest Weatherford International | Information Ratio |
Weatherford International Trading Date Momentum
| On April 18 2024 Weatherford International PLC was traded for 110.93 at the closing time. The top price for the day was 114.22 and the lowest listed price was 110.70 . The trading volume for the day was 573 K. The trading history from April 18, 2024 had no short-term effect on price fluctuation. The trading price change against the current closing price is 0.23% . |
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Other Forecasting Options for Weatherford International
For every potential investor in Weatherford, whether a beginner or expert, Weatherford International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Weatherford Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Weatherford. Basic forecasting techniques help filter out the noise by identifying Weatherford International's price trends.Weatherford International Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Weatherford International stock to make a market-neutral strategy. Peer analysis of Weatherford International could also be used in its relative valuation, which is a method of valuing Weatherford International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Weatherford International Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Weatherford International's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Weatherford International's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Weatherford International Market Strength Events
Market strength indicators help investors to evaluate how Weatherford International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Weatherford International shares will generate the highest return on investment. By undertsting and applying Weatherford International stock market strength indicators, traders can identify Weatherford International PLC entry and exit signals to maximize returns.
| Accumulation Distribution | 17658.25 | |||
| Daily Balance Of Power | 0.1477 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 112.46 | |||
| Day Typical Price | 111.95 | |||
| Price Action Indicator | (1.27) | |||
| Period Momentum Indicator | 0.52 | |||
| Relative Strength Index | 87.5 |
Weatherford International Risk Indicators
The analysis of Weatherford International's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Weatherford International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting weatherford stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.93 | |||
| Semi Deviation | 2.46 | |||
| Standard Deviation | 2.76 | |||
| Variance | 7.64 | |||
| Downside Variance | 7.34 | |||
| Semi Variance | 6.07 | |||
| Expected Short fall | (2.25) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Weatherford International Investors Sentiment
The influence of Weatherford International's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Weatherford. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Weatherford International's public news can be used to forecast risks associated with an investment in Weatherford. The trend in average sentiment can be used to explain how an investor holding Weatherford can time the market purely based on public headlines and social activities around Weatherford International PLC. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Weatherford International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Weatherford International's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Weatherford International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Weatherford International.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Weatherford International in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Weatherford International's short interest history, or implied volatility extrapolated from Weatherford International options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Weatherford International is a strong investment it is important to analyze Weatherford International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Weatherford International's future performance. For an informed investment choice regarding Weatherford Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Weatherford International to cross-verify your projections. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Weatherford Stock analysis
When running Weatherford International's price analysis, check to measure Weatherford 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 Weatherford International is operating at the current time. Most of Weatherford International's value examination focuses on studying past and present price action to predict the probability of Weatherford 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 Weatherford International's price. Additionally, you may evaluate how the addition of Weatherford International to your portfolios can decrease your overall portfolio volatility.
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Is Weatherford International'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 Weatherford International. If investors know Weatherford 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 Weatherford International 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 0.925 | Earnings Share 5.66 | Revenue Per Share 71.319 | Quarterly Revenue Growth 0.127 | Return On Assets 0.1047 |
The market value of Weatherford International is measured differently than its book value, which is the value of Weatherford that is recorded on the company's balance sheet. Investors also form their own opinion of Weatherford International's value that differs from its market value or its book value, called intrinsic value, which is Weatherford International'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 Weatherford International's market value can be influenced by many factors that don't directly affect Weatherford International'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 Weatherford International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Weatherford International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weatherford International'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.