Whitehorse Finance Stock Probability of Future Stock Price Finishing Over 12.62
| WHF Stock | USD 12.62 0.25 2.02% |
Closest to current price WhiteHorse long CALL Option Payoff at Expiration
WhiteHorse |
WhiteHorse Finance Target Price Odds to finish over 12.62
The tendency of WhiteHorse 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 move above the current price in 90 days |
| 12.62 | 90 days | 12.62 | near 1 |
Based on a normal probability distribution, the odds of WhiteHorse Finance to move above the current price in 90 days from now is near 1 (This WhiteHorse Finance probability density function shows the probability of WhiteHorse Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon WhiteHorse Finance has a beta of 0.35. This entails as returns on the market go up, WhiteHorse Finance average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WhiteHorse Finance will be expected to be much smaller as well. Additionally WhiteHorse Finance has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. WhiteHorse Finance Price Density |
| Price |
Predictive Modules for WhiteHorse Finance
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WhiteHorse Finance. 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 WhiteHorse Finance'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.
WhiteHorse Finance Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WhiteHorse Finance is not an exception. The market had few large corrections towards the WhiteHorse Finance'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 WhiteHorse Finance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WhiteHorse Finance within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.02 | |
β | Beta against NYSE Composite | 0.35 | |
σ | Overall volatility | 0.12 | |
Ir | Information ratio | -0.06 |
WhiteHorse Finance 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 WhiteHorse Finance for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WhiteHorse Finance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| On 2nd of April 2024 WhiteHorse Finance paid $ 0.385 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: WhiteHorse Finance, Inc. To Report First Quarter 2024 Financial Results |
WhiteHorse Finance 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 WhiteHorse Stock often depends not only on the future outlook of the current and potential WhiteHorse Finance'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. WhiteHorse Finance's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 23.2 M | |
| Cash And Short Term Investments | 24.5 M |
WhiteHorse Finance Technical Analysis
WhiteHorse Finance's future price can be derived by breaking down and analyzing its technical indicators over time. WhiteHorse Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WhiteHorse Finance. In general, you should focus on analyzing WhiteHorse Stock price patterns and their correlations with different microeconomic environments and drivers.
WhiteHorse Finance Predictive Forecast Models
WhiteHorse Finance's time-series forecasting models is one of many WhiteHorse Finance'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 WhiteHorse Finance'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 WhiteHorse Finance
Checking the ongoing alerts about WhiteHorse Finance for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WhiteHorse Finance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| On 2nd of April 2024 WhiteHorse Finance paid $ 0.385 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: WhiteHorse Finance, Inc. To Report First Quarter 2024 Financial Results |
Check out WhiteHorse Finance Backtesting, WhiteHorse Finance Valuation, WhiteHorse Finance Correlation, WhiteHorse Finance Hype Analysis, WhiteHorse Finance Volatility, WhiteHorse Finance History as well as WhiteHorse Finance Performance. For more detail on how to invest in WhiteHorse Stock please use our How to Invest in WhiteHorse Finance guide.Note that the WhiteHorse Finance information on this page should be used as a complementary analysis to other WhiteHorse Finance'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 AI Investment Finder module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for WhiteHorse Stock analysis
When running WhiteHorse Finance's price analysis, check to measure WhiteHorse Finance'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 WhiteHorse Finance is operating at the current time. Most of WhiteHorse Finance's value examination focuses on studying past and present price action to predict the probability of WhiteHorse Finance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WhiteHorse Finance's price. Additionally, you may evaluate how the addition of WhiteHorse Finance to your portfolios can decrease your overall portfolio volatility.
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Is WhiteHorse Finance'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 WhiteHorse Finance. If investors know WhiteHorse 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 WhiteHorse Finance 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 0.456 | Dividend Share 1.48 | Earnings Share 0.88 | Revenue Per Share 4.443 | Quarterly Revenue Growth (0.01) |
The market value of WhiteHorse Finance is measured differently than its book value, which is the value of WhiteHorse that is recorded on the company's balance sheet. Investors also form their own opinion of WhiteHorse Finance's value that differs from its market value or its book value, called intrinsic value, which is WhiteHorse Finance'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 WhiteHorse Finance's market value can be influenced by many factors that don't directly affect WhiteHorse Finance'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 WhiteHorse Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if WhiteHorse Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WhiteHorse Finance'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.