Willdan Group Stock Odds of Future Stock Price Finishing Under 27.95
| WLDN Stock | USD 31.29 0.01 0.03% |
Closest to current price Willdan long CALL Option Payoff at Expiration
Willdan |
Willdan Target Price Odds to finish below 27.95
The tendency of Willdan 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 drop to $ 27.95 or more in 90 days |
| 31.29 | 90 days | 27.95 | about 78.82 |
Based on a normal probability distribution, the odds of Willdan to drop to $ 27.95 or more in 90 days from now is about 78.82 (This Willdan Group probability density function shows the probability of Willdan Stock to fall within a particular range of prices over 90 days) . Probability of Willdan Group price to stay between $ 27.95 and its current price of $31.29 at the end of the 90-day period is about 16.22 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.56 . 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, Willdan will likely underperform. Additionally Willdan Group has an alpha of 0.7048, implying that it can generate a 0.7 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Willdan Price Density |
| Price |
Predictive Modules for Willdan
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Willdan Group. 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 Willdan'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.
Willdan Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Willdan is not an exception. The market had few large corrections towards the Willdan'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 Willdan Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Willdan within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.70 | |
β | Beta against NYSE Composite | 1.56 | |
σ | Overall volatility | 3.91 | |
Ir | Information ratio | 0.18 |
Willdan 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 Willdan for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Willdan Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Willdan Group appears to be risky and price may revert if volatility continues | |
| Willdan Group has a strong financial position based on the latest SEC filings | |
| Over 85.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from seekingalpha.com: Willdan Non-GAAP EPS of 0.40 beats by 0.21, net revenue of 68.9M |
Willdan 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 Willdan Stock often depends not only on the future outlook of the current and potential Willdan'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. Willdan's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 13.6 M | |
| Cash And Short Term Investments | 23.4 M |
Willdan Technical Analysis
Willdan's future price can be derived by breaking down and analyzing its technical indicators over time. Willdan Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Willdan Group. In general, you should focus on analyzing Willdan Stock price patterns and their correlations with different microeconomic environments and drivers.
Willdan Predictive Forecast Models
Willdan's time-series forecasting models is one of many Willdan'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 Willdan'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 Willdan Group
Checking the ongoing alerts about Willdan for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Willdan Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Willdan Group appears to be risky and price may revert if volatility continues | |
| Willdan Group has a strong financial position based on the latest SEC filings | |
| Over 85.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from seekingalpha.com: Willdan Non-GAAP EPS of 0.40 beats by 0.21, net revenue of 68.9M |
Check out Willdan Backtesting, Willdan Valuation, Willdan Correlation, Willdan Hype Analysis, Willdan Volatility, Willdan History as well as Willdan Performance. Note that the Willdan Group information on this page should be used as a complementary analysis to other Willdan'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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Willdan Stock analysis
When running Willdan's price analysis, check to measure Willdan'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 Willdan is operating at the current time. Most of Willdan's value examination focuses on studying past and present price action to predict the probability of Willdan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Willdan's price. Additionally, you may evaluate how the addition of Willdan to your portfolios can decrease your overall portfolio volatility.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Willdan'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 Willdan. If investors know Willdan 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 Willdan 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 2 | Earnings Share 0.8 | Revenue Per Share 39.32 | Quarterly Revenue Growth 0.194 | Return On Assets 0.0365 |
The market value of Willdan Group is measured differently than its book value, which is the value of Willdan that is recorded on the company's balance sheet. Investors also form their own opinion of Willdan's value that differs from its market value or its book value, called intrinsic value, which is Willdan'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 Willdan's market value can be influenced by many factors that don't directly affect Willdan'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 Willdan's value and its price as these two are different measures arrived at by different means. Investors typically determine if Willdan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Willdan'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.