Werner Enterprises Stock Probability of Future Stock Price Finishing Over 42.93
| WERN Stock | USD 39.62 0.28 0.71% |
Closest to current price Werner long CALL Option Payoff at Expiration
Werner |
Werner Enterprises Target Price Odds to finish over 42.93
The tendency of Werner 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 $ 42.93 or more in 90 days |
| 39.62 | 90 days | 42.93 | near 1 |
Based on a normal probability distribution, the odds of Werner Enterprises to move over $ 42.93 or more in 90 days from now is near 1 (This Werner Enterprises probability density function shows the probability of Werner Stock to fall within a particular range of prices over 90 days) . Probability of Werner Enterprises price to stay between its current price of $ 39.62 and $ 42.93 at the end of the 90-day period is about 19.59 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.55 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Werner Enterprises will likely underperform. Additionally Werner Enterprises 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. Werner Enterprises Price Density |
| Price |
Predictive Modules for Werner Enterprises
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Werner Enterprises. 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.Werner Enterprises Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Werner Enterprises is not an exception. The market had few large corrections towards the Werner Enterprises' 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 Werner Enterprises, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Werner Enterprises within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 1.55 | |
σ | Overall volatility | 1.65 | |
Ir | Information ratio | 0.02 |
Werner Enterprises 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 Werner Enterprises for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Werner Enterprises can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Werner Enterprises has a poor financial position based on the latest SEC disclosures | |
| Over 96.0% of the company outstanding shares are owned by institutional investors | |
| On 23rd of October 2024 Werner Enterprises paid $ 0.14 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: What Is Werner Enterprises, Inc.s Share Price Doing |
Werner Enterprises 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 Werner Stock often depends not only on the future outlook of the current and potential Werner Enterprises' 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. Werner Enterprises' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 63.7 M | |
| Cash And Short Term Investments | 61.7 M |
Werner Enterprises Technical Analysis
Werner Enterprises' future price can be derived by breaking down and analyzing its technical indicators over time. Werner Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Werner Enterprises. In general, you should focus on analyzing Werner Stock price patterns and their correlations with different microeconomic environments and drivers.
Werner Enterprises Predictive Forecast Models
Werner Enterprises' time-series forecasting models is one of many Werner Enterprises' 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 Werner Enterprises' 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 Werner Enterprises
Checking the ongoing alerts about Werner Enterprises for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Werner Enterprises help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Werner Enterprises has a poor financial position based on the latest SEC disclosures | |
| Over 96.0% of the company outstanding shares are owned by institutional investors | |
| On 23rd of October 2024 Werner Enterprises paid $ 0.14 per share dividend to its current shareholders | |
| Latest headline from simplywall.st: What Is Werner Enterprises, Inc.s Share Price Doing |
Check out Werner Enterprises Backtesting, Werner Enterprises Valuation, Werner Enterprises Correlation, Werner Enterprises Hype Analysis, Werner Enterprises Volatility, Werner Enterprises History as well as Werner Enterprises Performance. To learn how to invest in Werner Stock, please use our How to Invest in Werner Enterprises guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Cargo Ground Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Werner Enterprises. If investors know Werner will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Werner Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.71) | Dividend Share 0.56 | Earnings Share 0.73 | Revenue Per Share 49.286 | Quarterly Revenue Growth (0.09) |
The market value of Werner Enterprises is measured differently than its book value, which is the value of Werner that is recorded on the company's balance sheet. Investors also form their own opinion of Werner Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Werner Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Werner Enterprises' market value can be influenced by many factors that don't directly affect Werner Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Werner Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Werner Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Werner Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.