Westbridge Energy Stock Probability of Future Stock Price Finishing Under 0.82
| WEB Stock | CAD 0.81 0.01 1.25% |
Westbridge |
Westbridge Energy Target Price Odds to finish below 0.82
The tendency of Westbridge 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 C$ 0.82 after 90 days |
| 0.81 | 90 days | 0.82 | about 65.26 |
Based on a normal probability distribution, the odds of Westbridge Energy to stay under C$ 0.82 after 90 days from now is about 65.26 (This Westbridge Energy probability density function shows the probability of Westbridge Stock to fall within a particular range of prices over 90 days) . Probability of Westbridge Energy price to stay between its current price of C$ 0.81 and C$ 0.82 at the end of the 90-day period is about 15.6 .
Assuming the 90 days horizon Westbridge Energy has a beta of -0.32. This entails as returns on the benchmark increase, returns on holding Westbridge Energy are expected to decrease at a much lower rate. During a bear market, however, Westbridge Energy is likely to outperform the market. Additionally Westbridge Energy has an alpha of 0.0026, implying that it can generate a 0.002605 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Westbridge Energy Price Density |
| Price |
Predictive Modules for Westbridge Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Westbridge Energy. 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.Westbridge Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Westbridge Energy is not an exception. The market had few large corrections towards the Westbridge Energy'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 Westbridge Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Westbridge Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0 | |
β | Beta against Dow Jones | -0.32 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | -0.06 |
Westbridge Energy 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 Westbridge Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Westbridge Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Westbridge Energy has some characteristics of a very speculative penny stock | |
| Westbridge Energy has high likelihood to experience some financial distress in the next 2 years | |
| Westbridge Energy has accumulated 37.21 M in total debt. Westbridge Energy has a current ratio of 0.03, 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 Westbridge Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Westbridge Energy'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 Westbridge Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Westbridge to invest in growth at high rates of return. When we think about Westbridge Energy's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.08 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Westbridge Energy has accumulated about 16.23 K in cash with (2.01 M) of positive cash flow from operations. | |
| Roughly 32.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Westbridge Energy Finalizes Alberta Solar Project Sale - TipRanks |
Westbridge Energy 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 Westbridge Stock often depends not only on the future outlook of the current and potential Westbridge Energy'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. Westbridge Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 98 M | |
| Cash And Short Term Investments | 2.8 M |
Westbridge Energy Technical Analysis
Westbridge Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Westbridge Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Westbridge Energy. In general, you should focus on analyzing Westbridge Stock price patterns and their correlations with different microeconomic environments and drivers.
Westbridge Energy Predictive Forecast Models
Westbridge Energy's time-series forecasting models is one of many Westbridge Energy'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 Westbridge Energy'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 Westbridge Energy
Checking the ongoing alerts about Westbridge Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Westbridge Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Westbridge Energy has some characteristics of a very speculative penny stock | |
| Westbridge Energy has high likelihood to experience some financial distress in the next 2 years | |
| Westbridge Energy has accumulated 37.21 M in total debt. Westbridge Energy has a current ratio of 0.03, 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 Westbridge Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Westbridge Energy'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 Westbridge Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Westbridge to invest in growth at high rates of return. When we think about Westbridge Energy's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (3.08 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Westbridge Energy has accumulated about 16.23 K in cash with (2.01 M) of positive cash flow from operations. | |
| Roughly 32.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Westbridge Energy Finalizes Alberta Solar Project Sale - TipRanks |
Additional Tools for Westbridge Stock Analysis
When running Westbridge Energy's price analysis, check to measure Westbridge Energy'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 Westbridge Energy is operating at the current time. Most of Westbridge Energy's value examination focuses on studying past and present price action to predict the probability of Westbridge Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westbridge Energy's price. Additionally, you may evaluate how the addition of Westbridge Energy to your portfolios can decrease your overall portfolio volatility.