Wabash National (Germany) Probability of Future Stock Price Finishing Over 16.30
| WA9 Stock | EUR 16.30 0.10 0.61% |
Wabash |
Wabash National Target Price Odds to finish over 16.30
The tendency of Wabash 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 above the current price in 90 days |
| 16.30 | 90 days | 16.30 | about 86.72 |
Based on a normal probability distribution, the odds of Wabash National to move above the current price in 90 days from now is about 86.72 (This Wabash National probability density function shows the probability of Wabash Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Wabash National has a beta of 0.79. This entails as returns on the market go up, Wabash National average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Wabash National will be expected to be much smaller as well. Additionally Wabash National 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. Wabash National Price Density |
| Price |
Predictive Modules for Wabash National
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wabash National. 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.Wabash National Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wabash National is not an exception. The market had few large corrections towards the Wabash National'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 Wabash National, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wabash National within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 0.79 | |
σ | Overall volatility | 0.97 | |
Ir | Information ratio | -0.04 |
Wabash National 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 Wabash National for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wabash National can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wabash National generated a negative expected return over the last 90 days | |
| Wabash National has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 100.0% of the company outstanding shares are owned by institutional investors |
Wabash National 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 Wabash Stock often depends not only on the future outlook of the current and potential Wabash National'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. Wabash National's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 47.7 M |
Wabash National Technical Analysis
Wabash National's future price can be derived by breaking down and analyzing its technical indicators over time. Wabash Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wabash National. In general, you should focus on analyzing Wabash Stock price patterns and their correlations with different microeconomic environments and drivers.
Wabash National Predictive Forecast Models
Wabash National's time-series forecasting models is one of many Wabash National'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 Wabash National'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 Wabash National
Checking the ongoing alerts about Wabash National for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wabash National help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wabash National generated a negative expected return over the last 90 days | |
| Wabash National has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Over 100.0% of the company outstanding shares are owned by institutional investors |
Additional Information and Resources on Investing in Wabash Stock
When determining whether Wabash National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wabash National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wabash National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wabash National Stock:Check out Wabash National Backtesting, Wabash National Valuation, Wabash National Correlation, Wabash National Hype Analysis, Wabash National Volatility, Wabash National History as well as Wabash National Performance. For more detail on how to invest in Wabash Stock please use our How to Invest in Wabash National guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.