Wt Offshore Stock Probability of Future Stock Price Finishing Under 3.8
| WTI Stock | USD 1.51 0.07 4.86% |
WTI |
WT Offshore Target Price Odds to finish below 3.8
The tendency of WTI 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 $ 3.80 after 90 days |
| 1.51 | 90 days | 3.80 | close to 99 |
Based on a normal probability distribution, the odds of WT Offshore to stay under $ 3.80 after 90 days from now is close to 99 (This WT Offshore probability density function shows the probability of WTI Stock to fall within a particular range of prices over 90 days) . Probability of WT Offshore price to stay between its current price of $ 1.51 and $ 3.80 at the end of the 90-day period is about 98.0 .
Considering the 90-day investment horizon WT Offshore has a beta of 0.78. This entails as returns on the market go up, WT Offshore average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WT Offshore will be expected to be much smaller as well. Additionally WT Offshore 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. WT Offshore Price Density |
| Price |
Predictive Modules for WT Offshore
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WT Offshore. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of WT Offshore'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.
WT Offshore Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WT Offshore is not an exception. The market had few large corrections towards the WT Offshore'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 WT Offshore, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WT Offshore within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.51 | |
β | Beta against Dow Jones | 0.78 | |
σ | Overall volatility | 0.26 | |
Ir | Information ratio | -0.12 |
WT Offshore 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 WT Offshore for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WT Offshore can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WT Offshore generated a negative expected return over the last 90 days | |
| WT Offshore may become a speculative penny stock | |
| WT Offshore has high historical volatility and very poor performance | |
| WT Offshore has a strong financial position based on the latest SEC filings | |
| About 34.0% of the company outstanding shares are owned by insiders | |
| Latest headline from gurufocus.com: Oil Prices Drop Amid Tariff Threats and Feds Rate Cut Slowdown |
WT Offshore 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 WTI Stock often depends not only on the future outlook of the current and potential WT Offshore'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. WT Offshore's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 148.3 M | |
| Cash And Short Term Investments | 173.3 M |
WT Offshore Technical Analysis
WT Offshore's future price can be derived by breaking down and analyzing its technical indicators over time. WTI Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WT Offshore. In general, you should focus on analyzing WTI Stock price patterns and their correlations with different microeconomic environments and drivers.
WT Offshore Predictive Forecast Models
WT Offshore's time-series forecasting models is one of many WT Offshore'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 WT Offshore'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 WT Offshore
Checking the ongoing alerts about WT Offshore for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WT Offshore help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WT Offshore generated a negative expected return over the last 90 days | |
| WT Offshore may become a speculative penny stock | |
| WT Offshore has high historical volatility and very poor performance | |
| WT Offshore has a strong financial position based on the latest SEC filings | |
| About 34.0% of the company outstanding shares are owned by insiders | |
| Latest headline from gurufocus.com: Oil Prices Drop Amid Tariff Threats and Feds Rate Cut Slowdown |
Check out WT Offshore Backtesting, WT Offshore Valuation, WT Offshore Correlation, WT Offshore Hype Analysis, WT Offshore Volatility, WT Offshore History as well as WT Offshore Performance. For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Oil & Gas Exploration & Production 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 WT Offshore. If investors know WTI 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 WT Offshore 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 (0.98) | Dividend Share 0.04 | Earnings Share (0.43) | Revenue Per Share 3.657 | Quarterly Revenue Growth (0.15) |
The market value of WT Offshore is measured differently than its book value, which is the value of WTI that is recorded on the company's balance sheet. Investors also form their own opinion of WT Offshore's value that differs from its market value or its book value, called intrinsic value, which is WT Offshore's 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 WT Offshore's market value can be influenced by many factors that don't directly affect WT Offshore's 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 WT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if WT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WT Offshore's 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.