Winnebago Industries Stock Probability of Future Stock Price Finishing Over 53.19
| WGO Stock | USD 61.14 1.24 1.99% |
Closest to current price Winnebago long CALL Option Payoff at Expiration
Winnebago |
Winnebago Industries Target Price Odds to finish over 53.19
The tendency of Winnebago 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 $ 53.19 in 90 days |
| 61.14 | 90 days | 53.19 | close to 99 |
Based on a normal probability distribution, the odds of Winnebago Industries to stay above $ 53.19 in 90 days from now is close to 99 (This Winnebago Industries probability density function shows the probability of Winnebago Stock to fall within a particular range of prices over 90 days) . Probability of Winnebago Industries price to stay between $ 53.19 and its current price of $61.14 at the end of the 90-day period is about 1.1 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.44 . 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, Winnebago Industries will likely underperform. Additionally Winnebago Industries has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Winnebago Industries Price Density |
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Predictive Modules for Winnebago Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Winnebago Industries. 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 Winnebago Industries' 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.
Winnebago Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Winnebago Industries is not an exception. The market had few large corrections towards the Winnebago Industries' 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 Winnebago Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Winnebago Industries within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.19 | |
β | Beta against NYSE Composite | 1.44 | |
σ | Overall volatility | 2.76 | |
Ir | Information ratio | -0.08 |
Winnebago Industries 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 Winnebago Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Winnebago Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Winnebago Industries generated a negative expected return over the last 90 days | |
| Over 97.0% of the company outstanding shares are owned by institutional investors | |
| On 10th of April 2024 Winnebago Industries paid $ 0.31 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Winnebago Industries Enters Oversold Territory - Nasdaq |
Winnebago Industries 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 Winnebago Stock often depends not only on the future outlook of the current and potential Winnebago Industries' 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. Winnebago Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 35.4 M | |
| Cash And Short Term Investments | 309.9 M |
Winnebago Industries Technical Analysis
Winnebago Industries' future price can be derived by breaking down and analyzing its technical indicators over time. Winnebago Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Winnebago Industries. In general, you should focus on analyzing Winnebago Stock price patterns and their correlations with different microeconomic environments and drivers.
Winnebago Industries Predictive Forecast Models
Winnebago Industries' time-series forecasting models is one of many Winnebago Industries' 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 Winnebago Industries' 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 Winnebago Industries
Checking the ongoing alerts about Winnebago Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Winnebago Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Winnebago Industries generated a negative expected return over the last 90 days | |
| Over 97.0% of the company outstanding shares are owned by institutional investors | |
| On 10th of April 2024 Winnebago Industries paid $ 0.31 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Winnebago Industries Enters Oversold Territory - Nasdaq |
Check out Winnebago Industries Backtesting, Winnebago Industries Valuation, Winnebago Industries Correlation, Winnebago Industries Hype Analysis, Winnebago Industries Volatility, Winnebago Industries History as well as Winnebago Industries Performance. To learn how to invest in Winnebago Stock, please use our How to Invest in Winnebago Industries guide.Note that the Winnebago Industries information on this page should be used as a complementary analysis to other Winnebago Industries' 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Winnebago Stock analysis
When running Winnebago Industries' price analysis, check to measure Winnebago Industries' 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 Winnebago Industries is operating at the current time. Most of Winnebago Industries' value examination focuses on studying past and present price action to predict the probability of Winnebago Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Winnebago Industries' price. Additionally, you may evaluate how the addition of Winnebago Industries to your portfolios can decrease your overall portfolio volatility.
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Is Winnebago Industries' 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 Winnebago Industries. If investors know Winnebago 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 Winnebago Industries 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 (0.55) | Dividend Share 1.16 | Earnings Share 3.42 | Revenue Per Share 105.492 | Quarterly Revenue Growth (0.19) |
The market value of Winnebago Industries is measured differently than its book value, which is the value of Winnebago that is recorded on the company's balance sheet. Investors also form their own opinion of Winnebago Industries' value that differs from its market value or its book value, called intrinsic value, which is Winnebago Industries' 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 Winnebago Industries' market value can be influenced by many factors that don't directly affect Winnebago Industries' 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 Winnebago Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Winnebago Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Winnebago Industries' 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.