Woolworths Holdings Ltd Stock Probability of Future Pink Sheet Price Finishing Over 3.29
| WLWHY Stock | USD 3.09 0.10 3.34% |
Woolworths |
Woolworths Holdings Target Price Odds to finish over 3.29
The tendency of Woolworths 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 over $ 3.29 or more in 90 days |
| 3.09 | 90 days | 3.29 | about 56.27 |
Based on a normal probability distribution, the odds of Woolworths Holdings to move over $ 3.29 or more in 90 days from now is about 56.27 (This Woolworths Holdings Ltd probability density function shows the probability of Woolworths Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Woolworths Holdings price to stay between its current price of $ 3.09 and $ 3.29 at the end of the 90-day period is about 32.42 .
Assuming the 90 days horizon Woolworths Holdings has a beta of 0.55. This entails as returns on the market go up, Woolworths Holdings average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Woolworths Holdings Ltd will be expected to be much smaller as well. Additionally Woolworths Holdings Ltd has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Woolworths Holdings Price Density |
| Price |
Predictive Modules for Woolworths Holdings
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Woolworths Holdings. 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 Woolworths Holdings' 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.
Woolworths Holdings Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Woolworths Holdings is not an exception. The market had few large corrections towards the Woolworths Holdings' 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 Woolworths Holdings Ltd, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Woolworths Holdings within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.23 | |
β | Beta against NYSE Composite | 0.55 | |
σ | Overall volatility | 0.19 | |
Ir | Information ratio | -0.08 |
Woolworths Holdings 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 Woolworths Holdings for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Woolworths Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Woolworths Holdings generated a negative expected return over the last 90 days | |
| Woolworths Holdings has high historical volatility and very poor performance |
Woolworths Holdings 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 Woolworths Pink Sheet often depends not only on the future outlook of the current and potential Woolworths Holdings' 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. Woolworths Holdings' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 956.9 M | |
| Cash And Short Term Investments | 5.4 B |
Woolworths Holdings Technical Analysis
Woolworths Holdings' future price can be derived by breaking down and analyzing its technical indicators over time. Woolworths Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Woolworths Holdings Ltd. In general, you should focus on analyzing Woolworths Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Woolworths Holdings Predictive Forecast Models
Woolworths Holdings' time-series forecasting models is one of many Woolworths Holdings' 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 Woolworths Holdings' 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 Woolworths Holdings
Checking the ongoing alerts about Woolworths Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Woolworths Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Woolworths Holdings generated a negative expected return over the last 90 days | |
| Woolworths Holdings has high historical volatility and very poor performance |
Check out Woolworths Holdings Backtesting, Woolworths Holdings Valuation, Woolworths Holdings Correlation, Woolworths Holdings Hype Analysis, Woolworths Holdings Volatility, Woolworths Holdings History as well as Woolworths Holdings Performance. Note that the Woolworths Holdings information on this page should be used as a complementary analysis to other Woolworths Holdings' 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for Woolworths Pink Sheet analysis
When running Woolworths Holdings' price analysis, check to measure Woolworths Holdings' 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 Woolworths Holdings is operating at the current time. Most of Woolworths Holdings' value examination focuses on studying past and present price action to predict the probability of Woolworths Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woolworths Holdings' price. Additionally, you may evaluate how the addition of Woolworths Holdings to your portfolios can decrease your overall portfolio volatility.
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