Wisetech Global (Germany) Probability of Future Stock Price Finishing Under 73.81
| 17W Stock | EUR 71.79 0.98 1.35% |
Wisetech |
Wisetech Global Target Price Odds to finish below 73.81
The tendency of Wisetech 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 under € 73.81 after 90 days |
| 71.79 | 90 days | 73.81 | about 32.43 |
Based on a normal probability distribution, the odds of Wisetech Global to stay under € 73.81 after 90 days from now is about 32.43 (This Wisetech Global probability density function shows the probability of Wisetech Stock to fall within a particular range of prices over 90 days) . Probability of Wisetech Global price to stay between its current price of € 71.79 and € 73.81 at the end of the 90-day period is about 12.07 .
Assuming the 90 days horizon Wisetech Global has a beta of 0.82. This suggests as returns on the market go up, Wisetech Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wisetech Global will be expected to be much smaller as well. Additionally Wisetech Global has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Wisetech Global Price Density |
| Price |
Predictive Modules for Wisetech Global
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wisetech Global. 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.Wisetech Global Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wisetech Global is not an exception. The market had few large corrections towards the Wisetech Global'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 Wisetech Global, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wisetech Global within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.82 | |
σ | Overall volatility | 5.43 | |
Ir | Information ratio | -0.03 |
Wisetech Global 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 Wisetech Global for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wisetech Global can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wisetech Global generated a negative expected return over the last 90 days | |
| Wisetech Global has high historical volatility and very poor performance | |
| Wisetech Global has accumulated 1.85 M in total debt with debt to equity ratio (D/E) of 7.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Wisetech Global has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Wisetech Global until it has trouble settling it off, either with new capital or with free cash flow. So, Wisetech Global'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 Wisetech Global sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wisetech to invest in growth at high rates of return. When we think about Wisetech Global's use of debt, we should always consider it together with cash and equity. | |
| About 50.0% of Wisetech Global shares are owned by insiders or employees |
Wisetech Global 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 Wisetech Stock often depends not only on the future outlook of the current and potential Wisetech Global'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. Wisetech Global's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 326.3 M |
Wisetech Global Technical Analysis
Wisetech Global's future price can be derived by breaking down and analyzing its technical indicators over time. Wisetech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wisetech Global. In general, you should focus on analyzing Wisetech Stock price patterns and their correlations with different microeconomic environments and drivers.
Wisetech Global Predictive Forecast Models
Wisetech Global's time-series forecasting models is one of many Wisetech Global'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 Wisetech Global'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 Wisetech Global
Checking the ongoing alerts about Wisetech Global for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wisetech Global help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wisetech Global generated a negative expected return over the last 90 days | |
| Wisetech Global has high historical volatility and very poor performance | |
| Wisetech Global has accumulated 1.85 M in total debt with debt to equity ratio (D/E) of 7.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Wisetech Global has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Wisetech Global until it has trouble settling it off, either with new capital or with free cash flow. So, Wisetech Global'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 Wisetech Global sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wisetech to invest in growth at high rates of return. When we think about Wisetech Global's use of debt, we should always consider it together with cash and equity. | |
| About 50.0% of Wisetech Global shares are owned by insiders or employees |
Other Information on Investing in Wisetech Stock
Wisetech Global financial ratios help investors to determine whether Wisetech Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wisetech with respect to the benefits of owning Wisetech Global security.