Witbe Net (France) Probability of Future Stock Price Finishing Over 2.58
| ALWIT Stock | EUR 2.32 0.09 3.73% |
Witbe |
Witbe Net Target Price Odds to finish over 2.58
The tendency of Witbe 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 over € 2.58 or more in 90 days |
| 2.32 | 90 days | 2.58 | about 13.77 |
Based on a normal probability distribution, the odds of Witbe Net to move over € 2.58 or more in 90 days from now is about 13.77 (This Witbe Net SA probability density function shows the probability of Witbe Stock to fall within a particular range of prices over 90 days) . Probability of Witbe Net SA price to stay between its current price of € 2.32 and € 2.58 at the end of the 90-day period is about 39.85 .
Assuming the 90 days trading horizon Witbe Net has a beta of 0.3. This suggests as returns on the market go up, Witbe Net average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Witbe Net SA will be expected to be much smaller as well. Additionally Witbe Net SA 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. Witbe Net Price Density |
| Price |
Predictive Modules for Witbe Net
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Witbe Net SA. 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 Witbe Net'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.
Witbe Net Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Witbe Net is not an exception. The market had few large corrections towards the Witbe Net'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 Witbe Net SA, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Witbe Net within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.0073 |
Witbe Net 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 Witbe Net for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Witbe Net SA can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Witbe Net SA had very high historical volatility over the last 90 days | |
| Witbe Net SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 51.0% of the company shares are held by company insiders |
Witbe Net 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 Witbe Stock often depends not only on the future outlook of the current and potential Witbe Net'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. Witbe Net's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.1 M | |
| Cash And Short Term Investments | 2.7 M |
Witbe Net Technical Analysis
Witbe Net's future price can be derived by breaking down and analyzing its technical indicators over time. Witbe Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Witbe Net SA. In general, you should focus on analyzing Witbe Stock price patterns and their correlations with different microeconomic environments and drivers.
Witbe Net Predictive Forecast Models
Witbe Net's time-series forecasting models is one of many Witbe Net'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 Witbe Net'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 Witbe Net SA
Checking the ongoing alerts about Witbe Net for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Witbe Net SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Witbe Net SA had very high historical volatility over the last 90 days | |
| Witbe Net SA has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 51.0% of the company shares are held by company insiders |
Additional Tools for Witbe Stock Analysis
When running Witbe Net's price analysis, check to measure Witbe Net'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 Witbe Net is operating at the current time. Most of Witbe Net's value examination focuses on studying past and present price action to predict the probability of Witbe Net's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Witbe Net's price. Additionally, you may evaluate how the addition of Witbe Net to your portfolios can decrease your overall portfolio volatility.