Whiting Petroleum Probability of Future Stock Price Finishing Under 7.54
| WLLDelisted Stock | USD 68.03 0.00 0.00% |
Whiting |
Whiting Petroleum Target Price Odds to finish below 7.54
The tendency of Whiting 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 $ 7.54 or more in 90 days |
| 68.03 | 90 days | 7.54 | near 1 |
Based on a normal probability distribution, the odds of Whiting Petroleum to drop to $ 7.54 or more in 90 days from now is near 1 (This Whiting Petroleum probability density function shows the probability of Whiting Stock to fall within a particular range of prices over 90 days) . Probability of Whiting Petroleum price to stay between $ 7.54 and its current price of $68.03 at the end of the 90-day period is about 16.44 .
Considering the 90-day investment horizon Whiting Petroleum has a beta of 0.12. This entails as returns on the market go up, Whiting Petroleum average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Whiting Petroleum will be expected to be much smaller as well. Additionally Whiting Petroleum has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Whiting Petroleum Price Density |
| Price |
Predictive Modules for Whiting Petroleum
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Whiting Petroleum. 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 Whiting Petroleum'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.
Whiting Petroleum Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Whiting Petroleum is not an exception. The market had few large corrections towards the Whiting Petroleum'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 Whiting Petroleum, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Whiting Petroleum within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.2 | |
β | Beta against NYSE Composite | 0.12 | |
σ | Overall volatility | 9.49 | |
Ir | Information ratio | -0.07 |
Whiting Petroleum 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 Whiting Petroleum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Whiting Petroleum can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Whiting Petroleum is not yet fully synchronised with the market data | |
| Whiting Petroleum has a very high chance of going through financial distress in the upcoming years | |
| The company has 19.84 M in debt with debt to equity (D/E) ratio of 0.01, which may show that the company is not taking advantage of profits from borrowing. Whiting Petroleum has a current ratio of 0.52, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Whiting Petroleum until it has trouble settling it off, either with new capital or with free cash flow. So, Whiting Petroleum's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Whiting Petroleum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Whiting to invest in growth at high rates of return. When we think about Whiting Petroleum's use of debt, we should always consider it together with cash and equity. | |
| Over 99.0% of Whiting Petroleum outstanding shares are owned by institutional investors |
Whiting Petroleum 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 Whiting Stock often depends not only on the future outlook of the current and potential Whiting Petroleum'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. Whiting Petroleum's indicators that are reflective of the short sentiment are summarized in the table below.
| Shares Percent Shares Out | 5.72% | |
| Short Percent Of Float | 7.61% | |
| Float Shares | 39.02M | |
| Shares Short Prior Month | 2.44M | |
| Average Daily Volume In Three Month | 447.72k | |
| Date Short Interest | 29th of April 2022 |
Whiting Petroleum Technical Analysis
Whiting Petroleum's future price can be derived by breaking down and analyzing its technical indicators over time. Whiting Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Whiting Petroleum. In general, you should focus on analyzing Whiting Stock price patterns and their correlations with different microeconomic environments and drivers.
Whiting Petroleum Predictive Forecast Models
Whiting Petroleum's time-series forecasting models is one of many Whiting Petroleum'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 Whiting Petroleum'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 Whiting Petroleum
Checking the ongoing alerts about Whiting Petroleum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Whiting Petroleum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Whiting Petroleum is not yet fully synchronised with the market data | |
| Whiting Petroleum has a very high chance of going through financial distress in the upcoming years | |
| The company has 19.84 M in debt with debt to equity (D/E) ratio of 0.01, which may show that the company is not taking advantage of profits from borrowing. Whiting Petroleum has a current ratio of 0.52, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Whiting Petroleum until it has trouble settling it off, either with new capital or with free cash flow. So, Whiting Petroleum's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Whiting Petroleum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Whiting to invest in growth at high rates of return. When we think about Whiting Petroleum's use of debt, we should always consider it together with cash and equity. | |
| Over 99.0% of Whiting Petroleum outstanding shares are owned by institutional investors |
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in Whiting Stock
If you are still planning to invest in Whiting Petroleum check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Whiting Petroleum's history and understand the potential risks before investing.
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