WESANA HEALTH (Germany) Probability of Future Stock Price Finishing Under 0.00
| DDX Stock | 0 0.00 0.00% |
WESANA |
WESANA HEALTH Target Price Odds to finish below 0.00
The tendency of WESANA 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 0.00 or more in 90 days |
| 0 | 90 days | 0.00 | near 1 |
Based on a normal probability distribution, the odds of WESANA HEALTH to drop to 0.00 or more in 90 days from now is near 1 (This WESANA HEALTH HOLD probability density function shows the probability of WESANA Stock to fall within a particular range of prices over 90 days) . Probability of WESANA HEALTH HOLD price to stay between 0.00 and its current price of 0.0015 at the end of the 90-day period is about 63.34 .
Assuming the 90 days horizon WESANA HEALTH has a beta of 0.52 suggesting as returns on the market go up, WESANA HEALTH average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WESANA HEALTH HOLD will be expected to be much smaller as well. Additionally WESANA HEALTH HOLD has an alpha of 0.7382, implying that it can generate a 0.74 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WESANA HEALTH Price Density |
| Price |
Predictive Modules for WESANA HEALTH
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WESANA HEALTH HOLD. 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.WESANA HEALTH Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WESANA HEALTH is not an exception. The market had few large corrections towards the WESANA HEALTH'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 WESANA HEALTH HOLD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WESANA HEALTH within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.74 | |
β | Beta against Dow Jones | 0.52 | |
σ | Overall volatility | 0.0002 | |
Ir | Information ratio | 0.12 |
WESANA HEALTH 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 WESANA HEALTH for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WESANA HEALTH HOLD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WESANA HEALTH HOLD generated a negative expected return over the last 90 days | |
| WESANA HEALTH HOLD has some characteristics of a very speculative penny stock |
WESANA HEALTH Technical Analysis
WESANA HEALTH's future price can be derived by breaking down and analyzing its technical indicators over time. WESANA Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WESANA HEALTH HOLD. In general, you should focus on analyzing WESANA Stock price patterns and their correlations with different microeconomic environments and drivers.
WESANA HEALTH Predictive Forecast Models
WESANA HEALTH's time-series forecasting models is one of many WESANA HEALTH'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 WESANA HEALTH'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 WESANA HEALTH HOLD
Checking the ongoing alerts about WESANA HEALTH for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WESANA HEALTH HOLD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WESANA HEALTH HOLD generated a negative expected return over the last 90 days | |
| WESANA HEALTH HOLD has some characteristics of a very speculative penny stock |
Other Information on Investing in WESANA Stock
WESANA HEALTH financial ratios help investors to determine whether WESANA 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 WESANA with respect to the benefits of owning WESANA HEALTH security.