White Energy Stock Probability of Future Pink Sheet Price Finishing Over 0.06
| WECFF Stock | USD 0.06 0.03 100.00% |
White |
White Energy Target Price Odds to finish over 0.06
The tendency of White Pink Sheet 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 move above the current price in 90 days |
| 0.06 | 90 days | 0.06 | near 1 |
Based on a normal probability distribution, the odds of White Energy to move above the current price in 90 days from now is near 1 (This White Energy probability density function shows the probability of White Pink Sheet to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon White Energy has a beta of -2.84. This entails as returns on its benchmark rise, returns on holding White Energy are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, White Energy is expected to outperform its benchmark. In addition to that White Energy has an alpha of 2.4373, implying that it can generate a 2.44 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). White Energy Price Density |
| Price |
Predictive Modules for White Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as White Energy. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 White Energy'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.
White Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. White Energy is not an exception. The market had few large corrections towards the White Energy'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 White Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of White Energy within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 2.44 | |
β | Beta against NYSE Composite | -2.84 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.12 |
White Energy 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 White Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for White Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| White Energy is way too risky over 90 days horizon | |
| White Energy has some characteristics of a very speculative penny stock | |
| White Energy appears to be risky and price may revert if volatility continues | |
| White Energy has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 90 K. Net Loss for the year was (5.81 M) with profit before overhead, payroll, taxes, and interest of 256 K. | |
| White Energy has accumulated about 454 K in cash with (2.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 60.0% of the company outstanding shares are owned by insiders |
White Energy 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 White Pink Sheet often depends not only on the future outlook of the current and potential White Energy'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. White Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.8 M |
White Energy Technical Analysis
White Energy's future price can be derived by breaking down and analyzing its technical indicators over time. White Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of White Energy. In general, you should focus on analyzing White Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
White Energy Predictive Forecast Models
White Energy's time-series forecasting models is one of many White Energy's pink sheet 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 White Energy'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 pink sheet market movement and maximize returns from investment trading.
Things to note about White Energy
Checking the ongoing alerts about White Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for White Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| White Energy is way too risky over 90 days horizon | |
| White Energy has some characteristics of a very speculative penny stock | |
| White Energy appears to be risky and price may revert if volatility continues | |
| White Energy has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 90 K. Net Loss for the year was (5.81 M) with profit before overhead, payroll, taxes, and interest of 256 K. | |
| White Energy has accumulated about 454 K in cash with (2.87 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 60.0% of the company outstanding shares are owned by insiders |
Check out White Energy Backtesting, White Energy Valuation, White Energy Correlation, White Energy Hype Analysis, White Energy Volatility, White Energy History as well as White Energy Performance. Note that the White Energy information on this page should be used as a complementary analysis to other White Energy'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 Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for White Pink Sheet analysis
When running White Energy's price analysis, check to measure White Energy'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 White Energy is operating at the current time. Most of White Energy's value examination focuses on studying past and present price action to predict the probability of White Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move White Energy's price. Additionally, you may evaluate how the addition of White Energy to your portfolios can decrease your overall portfolio volatility.
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