Washington Federal Preferred Stock Probability of Future Preferred Stock Price Finishing Under 17.82
| WAFDP Preferred Stock | USD 18.05 0.03 0.17% |
Washington |
Washington Federal Target Price Odds to finish below 17.82
The tendency of Washington Preferred 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 $ 17.82 or more in 90 days |
| 18.05 | 90 days | 17.82 | about 16.06 |
Based on a normal probability distribution, the odds of Washington Federal to drop to $ 17.82 or more in 90 days from now is about 16.06 (This Washington Federal probability density function shows the probability of Washington Preferred Stock to fall within a particular range of prices over 90 days) . Probability of Washington Federal price to stay between $ 17.82 and its current price of $18.05 at the end of the 90-day period is about 11.15 .
Assuming the 90 days horizon Washington Federal has a beta of 0.44. This entails as returns on the market go up, Washington Federal average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Washington Federal will be expected to be much smaller as well. Additionally Washington Federal 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. Washington Federal Price Density |
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Predictive Modules for Washington Federal
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Washington Federal. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred 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 Washington Federal'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.
Washington Federal Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Washington Federal is not an exception. The market had few large corrections towards the Washington Federal'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 Washington Federal, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Washington Federal within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.02 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 0.60 | |
Ir | Information ratio | -0.07 |
Washington Federal 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 Washington Preferred Stock often depends not only on the future outlook of the current and potential Washington Federal'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. Washington Federal's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 65.3 M | |
| Cash And Short Term Investments | 2.7 B |
Washington Federal Technical Analysis
Washington Federal's future price can be derived by breaking down and analyzing its technical indicators over time. Washington Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Washington Federal. In general, you should focus on analyzing Washington Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Washington Federal Predictive Forecast Models
Washington Federal's time-series forecasting models is one of many Washington Federal's preferred 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 Washington Federal'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 preferred stock market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Washington Federal in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Washington Federal's short interest history, or implied volatility extrapolated from Washington Federal options trading.
Additional Tools for Washington Preferred Stock Analysis
When running Washington Federal's price analysis, check to measure Washington Federal'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 Washington Federal is operating at the current time. Most of Washington Federal's value examination focuses on studying past and present price action to predict the probability of Washington Federal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Washington Federal's price. Additionally, you may evaluate how the addition of Washington Federal to your portfolios can decrease your overall portfolio volatility.