Whitestone (Belgium) Probability of Future Stock Price Finishing Under 10.81
| ROCK Stock | 11.70 0.20 1.68% |
Whitestone |
Whitestone Target Price Odds to finish below 10.81
The tendency of Whitestone 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 drop to 10.81 or more in 90 days |
| 11.70 | 90 days | 10.81 | near 1 |
Based on a normal probability distribution, the odds of Whitestone to drop to 10.81 or more in 90 days from now is near 1 (This Whitestone Group probability density function shows the probability of Whitestone Stock to fall within a particular range of prices over 90 days) . Probability of Whitestone Group price to stay between 10.81 and its current price of 11.7 at the end of the 90-day period is roughly 2.59 .
Assuming the 90 days trading horizon Whitestone has a beta of 0.37 indicating as returns on the market go up, Whitestone average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Whitestone Group will be expected to be much smaller as well. Additionally Whitestone Group 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. Whitestone Price Density |
| Price |
Predictive Modules for Whitestone
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Whitestone Group. 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.Whitestone Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Whitestone is not an exception. The market had few large corrections towards the Whitestone'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 Whitestone Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Whitestone within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.06 | |
β | Beta against Dow Jones | 0.37 | |
σ | Overall volatility | 0.18 | |
Ir | Information ratio | -0.11 |
Whitestone 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 Whitestone for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Whitestone Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Whitestone Group generated a negative expected return over the last 90 days | |
| About 33.0% of the company outstanding shares are owned by corporate insiders |
Whitestone Technical Analysis
Whitestone's future price can be derived by breaking down and analyzing its technical indicators over time. Whitestone Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Whitestone Group. In general, you should focus on analyzing Whitestone Stock price patterns and their correlations with different microeconomic environments and drivers.
Whitestone Predictive Forecast Models
Whitestone's time-series forecasting models is one of many Whitestone'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 Whitestone'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 Whitestone Group
Checking the ongoing alerts about Whitestone for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Whitestone Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Whitestone Group generated a negative expected return over the last 90 days | |
| About 33.0% of the company outstanding shares are owned by corporate insiders |
Additional Tools for Whitestone Stock Analysis
When running Whitestone's price analysis, check to measure Whitestone'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 Whitestone is operating at the current time. Most of Whitestone's value examination focuses on studying past and present price action to predict the probability of Whitestone's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whitestone's price. Additionally, you may evaluate how the addition of Whitestone to your portfolios can decrease your overall portfolio volatility.