George Weston 475 Preferred Stock Probability of Future Preferred Stock Price Finishing Over 20.71
| WN-PE Preferred Stock | CAD 20.18 0.18 0.90% |
George |
George Weston Target Price Odds to finish over 20.71
The tendency of George Preferred 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 C$ 20.71 or more in 90 days |
| 20.18 | 90 days | 20.71 | roughly 2.08 |
Based on a normal probability distribution, the odds of George Weston to move over C$ 20.71 or more in 90 days from now is roughly 2.08 (This George Weston 475 probability density function shows the probability of George Preferred Stock to fall within a particular range of prices over 90 days) . Probability of George Weston 475 price to stay between its current price of C$ 20.18 and C$ 20.71 at the end of the 90-day period is about 47.92 .
Assuming the 90 days trading horizon George Weston has a beta of 0.0456. This entails as returns on the market go up, George Weston average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding George Weston 475 will be expected to be much smaller as well. Additionally George Weston 475 has an alpha of 0.0065, implying that it can generate a 0.006503 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). George Weston Price Density |
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Predictive Modules for George Weston
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as George Weston 475. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of George Weston's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
George Weston Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. George Weston is not an exception. The market had few large corrections towards the George Weston'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 George Weston 475, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of George Weston within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | -0.2 |
George Weston 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 George Preferred Stock often depends not only on the future outlook of the current and potential George Weston'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. George Weston's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 146.8 M |
George Weston Technical Analysis
George Weston's future price can be derived by breaking down and analyzing its technical indicators over time. George Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of George Weston 475. In general, you should focus on analyzing George Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
George Weston Predictive Forecast Models
George Weston's time-series forecasting models is one of many George Weston's preferred 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 George Weston'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 preferred stock market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards George Weston in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, George Weston's short interest history, or implied volatility extrapolated from George Weston options trading.
Additional Tools for George Preferred Stock Analysis
When running George Weston's price analysis, check to measure George Weston'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 George Weston is operating at the current time. Most of George Weston's value examination focuses on studying past and present price action to predict the probability of George Weston's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move George Weston's price. Additionally, you may evaluate how the addition of George Weston to your portfolios can decrease your overall portfolio volatility.