Waystream Holding (Sweden) Probability of Future Stock Price Finishing Over 15.86
| WAYS Stock | SEK 15.86 0.06 0.38% |
Waystream |
Waystream Holding Target Price Odds to finish over 15.86
The tendency of Waystream 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 |
| 15.86 | 90 days | 15.86 | about 90.42 |
Based on a normal probability distribution, the odds of Waystream Holding to move above the current price in 90 days from now is about 90.42 (This Waystream Holding AB probability density function shows the probability of Waystream Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Waystream Holding has a beta of 0.0443. This entails as returns on the market go up, Waystream Holding average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Waystream Holding AB will be expected to be much smaller as well. Additionally Waystream Holding AB 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. Waystream Holding Price Density |
| Price |
Predictive Modules for Waystream Holding
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Waystream Holding. 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.Waystream Holding Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Waystream Holding is not an exception. The market had few large corrections towards the Waystream Holding'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 Waystream Holding AB, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Waystream Holding within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 1.57 | |
Ir | Information ratio | -0.07 |
Waystream Holding 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 Waystream Holding for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Waystream Holding can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Waystream Holding generated a negative expected return over the last 90 days | |
| Waystream Holding has high historical volatility and very poor performance | |
| The company has a current ratio of 0.73, 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 Waystream Holding until it has trouble settling it off, either with new capital or with free cash flow. So, Waystream Holding'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 Waystream Holding sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Waystream to invest in growth at high rates of return. When we think about Waystream Holding's use of debt, we should always consider it together with cash and equity. | |
| About 78.0% of the company outstanding shares are owned by insiders |
Waystream Holding 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 Waystream Stock often depends not only on the future outlook of the current and potential Waystream Holding'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. Waystream Holding's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 8.1 M | |
| Cash And Short Term Investments | 26.2 M |
Waystream Holding Technical Analysis
Waystream Holding's future price can be derived by breaking down and analyzing its technical indicators over time. Waystream Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Waystream Holding AB. In general, you should focus on analyzing Waystream Stock price patterns and their correlations with different microeconomic environments and drivers.
Waystream Holding Predictive Forecast Models
Waystream Holding's time-series forecasting models is one of many Waystream Holding'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 Waystream Holding'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 Waystream Holding
Checking the ongoing alerts about Waystream Holding for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Waystream Holding help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Waystream Holding generated a negative expected return over the last 90 days | |
| Waystream Holding has high historical volatility and very poor performance | |
| The company has a current ratio of 0.73, 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 Waystream Holding until it has trouble settling it off, either with new capital or with free cash flow. So, Waystream Holding'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 Waystream Holding sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Waystream to invest in growth at high rates of return. When we think about Waystream Holding's use of debt, we should always consider it together with cash and equity. | |
| About 78.0% of the company outstanding shares are owned by insiders |
Additional Tools for Waystream Stock Analysis
When running Waystream Holding's price analysis, check to measure Waystream Holding'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 Waystream Holding is operating at the current time. Most of Waystream Holding's value examination focuses on studying past and present price action to predict the probability of Waystream Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waystream Holding's price. Additionally, you may evaluate how the addition of Waystream Holding to your portfolios can decrease your overall portfolio volatility.