Western Investment Stock Probability of Future Stock Price Finishing Under 0.41
| WI Stock | CAD 0.55 0.01 1.85% |
Western |
Western Investment Target Price Odds to finish below 0.41
The tendency of Western 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 C$ 0.41 or more in 90 days |
| 0.55 | 90 days | 0.41 | about 20.5 |
Based on a normal probability distribution, the odds of Western Investment to drop to C$ 0.41 or more in 90 days from now is about 20.5 (This Western Investment probability density function shows the probability of Western Stock to fall within a particular range of prices over 90 days) . Probability of Western Investment price to stay between C$ 0.41 and its current price of C$0.55 at the end of the 90-day period is about 79.25 .
Given the investment horizon of 90 days Western Investment has a beta of -0.61. This entails as returns on the benchmark increase, returns on holding Western Investment are expected to decrease at a much lower rate. During a bear market, however, Western Investment is likely to outperform the market. Additionally Western Investment has an alpha of 0.5059, implying that it can generate a 0.51 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Western Investment Price Density |
| Price |
Predictive Modules for Western Investment
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Western Investment. 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.Western Investment Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Western Investment is not an exception. The market had few large corrections towards the Western Investment'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 Western Investment, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Western Investment within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.51 | |
β | Beta against Dow Jones | -0.61 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.11 |
Western Investment 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 Western Investment for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Western Investment can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Western Investment has some characteristics of a very speculative penny stock | |
| Western Investment appears to be risky and price may revert if volatility continues | |
| Western Investment currently holds 1.12 M in liabilities with Debt to Equity (D/E) ratio of 0.36, which is about average as compared to similar companies. Western Investment has a current ratio of 0.24, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Western Investment until it has trouble settling it off, either with new capital or with free cash flow. So, Western Investment'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 Western Investment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Investment's use of debt, we should always consider it together with cash and equity. | |
| Western Investment currently holds about 10.9 K in cash with (15.81 K) of positive cash flow from operations. | |
| Roughly 26.0% of Western Investment outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Western Investment Company of Canada Independent Director Acquires 38 percent More Stock - Simply Wall St |
Western Investment 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 Western Stock often depends not only on the future outlook of the current and potential Western Investment'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. Western Investment's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 30.2 M |
Western Investment Technical Analysis
Western Investment's future price can be derived by breaking down and analyzing its technical indicators over time. Western Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Western Investment. In general, you should focus on analyzing Western Stock price patterns and their correlations with different microeconomic environments and drivers.
Western Investment Predictive Forecast Models
Western Investment's time-series forecasting models is one of many Western Investment'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 Western Investment'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 Western Investment
Checking the ongoing alerts about Western Investment for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Western Investment help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Western Investment has some characteristics of a very speculative penny stock | |
| Western Investment appears to be risky and price may revert if volatility continues | |
| Western Investment currently holds 1.12 M in liabilities with Debt to Equity (D/E) ratio of 0.36, which is about average as compared to similar companies. Western Investment has a current ratio of 0.24, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Western Investment until it has trouble settling it off, either with new capital or with free cash flow. So, Western Investment'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 Western Investment sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Western to invest in growth at high rates of return. When we think about Western Investment's use of debt, we should always consider it together with cash and equity. | |
| Western Investment currently holds about 10.9 K in cash with (15.81 K) of positive cash flow from operations. | |
| Roughly 26.0% of Western Investment outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Western Investment Company of Canada Independent Director Acquires 38 percent More Stock - Simply Wall St |
Additional Tools for Western Stock Analysis
When running Western Investment's price analysis, check to measure Western Investment'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 Western Investment is operating at the current time. Most of Western Investment's value examination focuses on studying past and present price action to predict the probability of Western Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Investment's price. Additionally, you may evaluate how the addition of Western Investment to your portfolios can decrease your overall portfolio volatility.