WDGJY OTC Stock Probability of Future OTC Stock Price Finishing Over 5.72

WDGJY -  USA Stock  

USD 5.72  2.00  53.76%

Wood Group's future price is the expected price of Wood Group instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Wood Group John performance during a given time horizon utilizing its historical volatility.

WDGJY Price Probability 

 
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Check out Wood Group Backtesting, Wood Group Valuation, Wood Group Correlation, Wood Group Hype Analysis, Wood Group Volatility, Wood Group History as well as Wood Group Performance. Please specify Wood Group time horizon, a valid symbol (red box) and a target price (blue box) you would like Wood Group odds to be computed.
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Wood Group Target Price Odds to finish over 5.72

The tendency of WDGJY OTC 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 foresting. 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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 5.72 90 days 5.72  about 74.27
Based on a normal probability distribution, the odds of Wood Group to move above the current price in 90 days from now is about 74.27 (This Wood Group John probability density function shows the probability of WDGJY OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon the otc stock has the beta coefficient of 2.61 . 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, Wood Group will likely underperform. Additionally The company has an alpha of 0.1486, implying that it can generate a 0.15 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Wood Group Price Density 
      Price 

Predictive Modules for Wood Group

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wood Group John. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Wood Group'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. Please use the tools below to analyze the current value of Wood Group in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.285.5114.08
Details
Intrinsic
Valuation
LowReal ValueHigh
0.305.9514.52
Details
Naive
Forecast
LowNext ValueHigh
0.147.1115.68
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
4.735.828.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wood Group. Your research has to be compared to or analyzed against Wood Group's peers to derive any actionable benefits. When done correctly, Wood Group's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Wood Group John.

Wood Group Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Wood Group is not an exception. The market had few large corrections towards the Wood Group'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 Wood Group John, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wood Group within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.15
β
Beta against DOW2.61
σ
Overall volatility
0.89
Ir
Information ratio 0.01867

Wood Group 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 Wood Group for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wood Group John can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Wood Group John has very high historical volatility over the last 90 days
Wood Group John has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 2.17 B in total debt with debt to equity ratio (D/E) of 0.52, which is about average as compared to similar companies. Wood Group John has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported the revenue of 7.56 B. Net Loss for the year was (229.5 M) with profit before overhead, payroll, taxes, and interest of 727.7 M.
Latest headline from finance.yahoo.com: BMW ready for any ban on fossil fuel-burning cars from 2030, CEO says - Yahoo Finance

Wood Group 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 WDGJY OTC Stock often depends not only on the future outlook of the current and potential Wood Group'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. Wood Group's indicators that are reflective of the short sentiment are summarized in the table below.
Float Shares321.31M
Average Daily Volume Last 10 Day586
Average Daily Volume In Three Month5.56k

Wood Group Technical Analysis

Wood Group's future price can be derived by breaking down and analyzing its technical indicators over time. WDGJY OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wood Group John. In general, you should focus on analyzing WDGJY OTC Stock price patterns and their correlations with different microeconomic environments and drivers.

Wood Group Predictive Forecast Models

Wood Group time-series forecasting models is one of many Wood Group's otc stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Wood Group'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 Wood Group John

Checking the ongoing alerts about Wood Group for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wood Group John help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Wood Group Alerts

Wood Group Alerts and Suggestions

Wood Group John has very high historical volatility over the last 90 days
Wood Group John has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 2.17 B in total debt with debt to equity ratio (D/E) of 0.52, which is about average as compared to similar companies. Wood Group John has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
The entity reported the revenue of 7.56 B. Net Loss for the year was (229.5 M) with profit before overhead, payroll, taxes, and interest of 727.7 M.
Latest headline from finance.yahoo.com: BMW ready for any ban on fossil fuel-burning cars from 2030, CEO says - Yahoo Finance
Check out Wood Group Backtesting, Wood Group Valuation, Wood Group Correlation, Wood Group Hype Analysis, Wood Group Volatility, Wood Group History as well as Wood Group Performance. Note that the Wood Group John information on this page should be used as a complementary analysis to other Wood Group'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Wood Group John price analysis, check to measure Wood Group'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 Wood Group is operating at the current time. Most of Wood Group's value examination focuses on studying past and present price action to predict the probability of Wood Group's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Wood Group's price. Additionally, you may evaluate how the addition of Wood Group to your portfolios can decrease your overall portfolio volatility.
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The market value of Wood Group John is measured differently than its book value, which is the value of WDGJY that is recorded on the company's balance sheet. Investors also form their own opinion of Wood Group's value that differs from its market value or its book value, called intrinsic value, which is Wood Group'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 Wood Group's market value can be influenced by many factors that don't directly affect Wood Group John underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wood Group's value and its price as these two are different measures arrived at by different means. Investors typically determine Wood Group value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wood Group'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.