Winsome Resources (Australia) Probability of Future Stock Price Finishing Under 0.61
| WR1 Stock | 0.43 0.02 4.88% |
Winsome |
Winsome Resources Target Price Odds to finish below 0.61
The tendency of Winsome 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 0.61 after 90 days |
| 0.43 | 90 days | 0.61 | about 98.0 |
Based on a normal probability distribution, the odds of Winsome Resources to stay under 0.61 after 90 days from now is about 98.0 (This Winsome Resources probability density function shows the probability of Winsome Stock to fall within a particular range of prices over 90 days) . Probability of Winsome Resources price to stay between its current price of 0.43 and 0.61 at the end of the 90-day period is about 88.23 .
Assuming the 90 days trading horizon Winsome Resources has a beta of 0.77. This entails as returns on the market go up, Winsome Resources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Winsome Resources will be expected to be much smaller as well. Additionally Winsome Resources 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. Winsome Resources Price Density |
| Price |
Predictive Modules for Winsome Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Winsome Resources. 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.Winsome Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Winsome Resources is not an exception. The market had few large corrections towards the Winsome Resources' 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 Winsome Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Winsome Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.12 | |
β | Beta against Dow Jones | 0.77 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | -0.03 |
Winsome Resources 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 Winsome Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Winsome Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Winsome Resources generated a negative expected return over the last 90 days | |
| Winsome Resources has some characteristics of a very speculative penny stock | |
| Winsome Resources has high historical volatility and very poor performance | |
| Winsome Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.45 M. Net Loss for the year was (4.87 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Winsome Resources generates negative cash flow from operations | |
| About 16.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Winsome Resources Director Expands Stake with New Acquisitions - TipRanks |
Winsome Resources 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 Winsome Stock often depends not only on the future outlook of the current and potential Winsome Resources' 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. Winsome Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 184.4 M | |
| Cash And Short Term Investments | 45.4 M |
Winsome Resources Technical Analysis
Winsome Resources' future price can be derived by breaking down and analyzing its technical indicators over time. Winsome Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Winsome Resources. In general, you should focus on analyzing Winsome Stock price patterns and their correlations with different microeconomic environments and drivers.
Winsome Resources Predictive Forecast Models
Winsome Resources' time-series forecasting models is one of many Winsome Resources' 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 Winsome Resources' 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 Winsome Resources
Checking the ongoing alerts about Winsome Resources for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Winsome Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Winsome Resources generated a negative expected return over the last 90 days | |
| Winsome Resources has some characteristics of a very speculative penny stock | |
| Winsome Resources has high historical volatility and very poor performance | |
| Winsome Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.45 M. Net Loss for the year was (4.87 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Winsome Resources generates negative cash flow from operations | |
| About 16.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Winsome Resources Director Expands Stake with New Acquisitions - TipRanks |
Additional Tools for Winsome Stock Analysis
When running Winsome Resources' price analysis, check to measure Winsome Resources' 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 Winsome Resources is operating at the current time. Most of Winsome Resources' value examination focuses on studying past and present price action to predict the probability of Winsome Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Winsome Resources' price. Additionally, you may evaluate how the addition of Winsome Resources to your portfolios can decrease your overall portfolio volatility.