Weis Markets Stock Probability of Future Stock Price Finishing Under 63.95
| WMK Stock | USD 67.72 0.22 0.33% |
Weis |
Weis Markets Target Price Odds to finish below 63.95
The tendency of Weis 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 $ 63.95 or more in 90 days |
| 67.72 | 90 days | 63.95 | about 9.78 |
Based on a normal probability distribution, the odds of Weis Markets to drop to $ 63.95 or more in 90 days from now is about 9.78 (This Weis Markets probability density function shows the probability of Weis Stock to fall within a particular range of prices over 90 days) . Probability of Weis Markets price to stay between $ 63.95 and its current price of $67.72 at the end of the 90-day period is about 29.8 .
Considering the 90-day investment horizon Weis Markets has a beta of 0.3. This entails as returns on the market go up, Weis Markets average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Weis Markets will be expected to be much smaller as well. Additionally Weis Markets 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. Weis Markets Price Density |
| Price |
Predictive Modules for Weis Markets
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Weis Markets. 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.Weis Markets Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Weis Markets is not an exception. The market had few large corrections towards the Weis Markets' 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 Weis Markets, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Weis Markets within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 3.67 | |
Ir | Information ratio | -0.0061 |
Weis Markets 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 Weis Markets for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Weis Markets can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Weis Markets is unlikely to experience financial distress in the next 2 years | |
| About 39.0% of the company outstanding shares are owned by insiders | |
| On 26th of November 2024 Weis Markets paid $ 0.34 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: The Friday Checkout Smile Walmart has you on camera. |
Weis Markets 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 Weis Stock often depends not only on the future outlook of the current and potential Weis Markets' 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. Weis Markets' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.9 M | |
| Cash And Short Term Investments | 436.9 M |
Weis Markets Technical Analysis
Weis Markets' future price can be derived by breaking down and analyzing its technical indicators over time. Weis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Weis Markets. In general, you should focus on analyzing Weis Stock price patterns and their correlations with different microeconomic environments and drivers.
Weis Markets Predictive Forecast Models
Weis Markets' time-series forecasting mod