Welsbach Technology Metals Probability of Future Stock Price Finishing Over 14.69
| WTMAUDelisted Stock | USD 10.56 0.04 0.38% |
Welsbach |
Welsbach Technology Target Price Odds to finish over 14.69
The tendency of Welsbach 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 $ 14.69 or more in 90 days |
| 10.56 | 90 days | 14.69 | near 1 |
Based on a normal probability distribution, the odds of Welsbach Technology to move over $ 14.69 or more in 90 days from now is near 1 (This Welsbach Technology Metals probability density function shows the probability of Welsbach Stock to fall within a particular range of prices over 90 days) . Probability of Welsbach Technology price to stay between its current price of $ 10.56 and $ 14.69 at the end of the 90-day period is about 90.37 .
Assuming the 90 days horizon Welsbach Technology Metals has a beta of -0.65. This entails as returns on the benchmark increase, returns on holding Welsbach Technology are expected to decrease at a much lower rate. During a bear market, however, Welsbach Technology Metals is likely to outperform the market. Additionally Welsbach Technology Metals 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. Welsbach Technology Price Density |
| Price |
Predictive Modules for Welsbach Technology
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Welsbach Technology. 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.Welsbach Technology Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Welsbach Technology is not an exception. The market had few large corrections towards the Welsbach Technology'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 Welsbach Technology Metals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Welsbach Technology within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.04 | |
β | Beta against Dow Jones | -0.65 | |
σ | Overall volatility | 0.66 | |
Ir | Information ratio | -0.03 |
Welsbach Technology 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 Welsbach Technology for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Welsbach Technology can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Welsbach Technology generated a negative expected return over the last 90 days | |
| Welsbach Technology has high historical volatility and very poor performance | |
| Welsbach Technology has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (54.32 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Welsbach Technology Metals has accumulated about 791.15 K in cash with (1.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. |
Welsbach Technology 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 Welsbach Stock often depends not only on the future outlook of the current and potential Welsbach Technology'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. Welsbach Technology's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 6.5 M | |
| Cash And Short Term Investments | 6760.00 |
Welsbach Technology Technical Analysis
Welsbach Technology's future price can be derived by breaking down and analyzing its technical indicators over time. Welsbach Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Welsbach Technology Metals. In general, you should focus on analyzing Welsbach Stock price patterns and their correlations with different microeconomic environments and drivers.
Welsbach Technology Predictive Forecast Models
Welsbach Technology's time-series forecasting models is one of many Welsbach Technology'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 Welsbach Technology'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 Welsbach Technology
Checking the ongoing alerts about Welsbach Technology for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Welsbach Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Welsbach Technology generated a negative expected return over the last 90 days | |
| Welsbach Technology has high historical volatility and very poor performance | |
| Welsbach Technology has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (54.32 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Welsbach Technology Metals has accumulated about 791.15 K in cash with (1.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. |
Check out Welsbach Technology Backtesting, Welsbach Technology Valuation, Welsbach Technology Correlation, Welsbach Technology Hype Analysis, Welsbach Technology Volatility, Welsbach Technology History as well as Welsbach Technology Performance. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Welsbach Stock
If you are still planning to invest in Welsbach Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Welsbach Technology's history and understand the potential risks before investing.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |