Woodward Stock Odds of Future Stock Price Finishing Over 172.62
| WWD Stock | USD 168.70 0.56 0.33% |
Woodward |
Woodward Target Price Odds to finish over 172.62
The tendency of Woodward 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 $ 172.62 or more in 90 days |
| 168.70 | 90 days | 172.62 | about 38.19 |
Based on a normal probability distribution, the odds of Woodward to move over $ 172.62 or more in 90 days from now is about 38.19 (This Woodward probability density function shows the probability of Woodward Stock to fall within a particular range of prices over 90 days) . Probability of Woodward price to stay between its current price of $ 168.70 and $ 172.62 at the end of the 90-day period is about 23.38 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.04 . This entails Woodward market returns are highly-sensitive to returns on the market. As the market goes up or down, Woodward is expected to follow. Additionally Woodward 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. Woodward Price Density |
| Price |
Predictive Modules for Woodward
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Woodward. 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 Woodward'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.
Woodward Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Woodward is not an exception. The market had few large corrections towards the Woodward'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 Woodward, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Woodward within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | 1.04 | |
σ | Overall volatility | 6.59 | |
Ir | Information ratio | -0.0065 |
Woodward 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 Woodward for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Woodward can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Woodward has a strong financial position based on the latest SEC filings | |
| Over 90.0% of the company outstanding shares are owned by institutional investors | |
| On 5th of December 2024 Woodward paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Woodward Signs Agreement to Acquire Safrans Electromechanical Actuation Business Based in ... |
Woodward 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 Woodward Stock often depends not only on the future outlook of the current and potential Woodward'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. Woodward's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 62.1 M | |
| Dividends Paid | 58.3 M | |
| Cash And Short Term Investments | 282.3 M |
Woodward Technical Analysis
Woodward's future price can be derived by breaking down and analyzing its technical indicators over time. Woodward Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Woodward. In general, you should focus on analyzing Woodward Stock price patterns and their correlations with different microeconomic environments and drivers.
Woodward Predictive Forecast Models
Woodward's time-series forecasting models is one of many Woodward'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 Woodward'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 Woodward
Checking the ongoing alerts about Woodward for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Woodward help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Woodward has a strong financial position based on the latest SEC filings | |
| Over 90.0% of the company outstanding shares are owned by institutional investors | |
| On 5th of December 2024 Woodward paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: Woodward Signs Agreement to Acquire Safrans Electromechanical Actuation Business Based in ... |
Check out Woodward Backtesting, Woodward Valuation, Woodward Correlation, Woodward Hype Analysis, Woodward Volatility, Woodward History as well as Woodward Performance. For information on how to trade Woodward Stock refer to our How to Trade Woodward Stock guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Industrial Machinery & Supplies & Components 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 Woodward. If investors know Woodward 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 Woodward 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 0.19 | Earnings Share 6 | Revenue Per Share 53.895 | Quarterly Revenue Growth 0.059 | Return On Assets 0.0691 |
The market value of Woodward is measured differently than its book value, which is the value of Woodward that is recorded on the company's balance sheet. Investors also form their own opinion of Woodward's value that differs from its market value or its book value, called intrinsic value, which is Woodward'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 Woodward's market value can be influenced by many factors that don't directly affect Woodward'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 Woodward's value and its price as these two are different measures arrived at by different means. Investors typically determine if Woodward is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Woodward'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.