Western Capital Resources Stock Probability of Future OTC Stock Price Finishing Under 8.23
| WCRS Stock | USD 8.97 0.03 0.33% |
Western |
Western Capital Target Price Odds to finish below 8.23
The tendency of Western OTC 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 $ 8.23 or more in 90 days |
| 8.97 | 90 days | 8.23 | about 62.14 |
Based on a normal probability distribution, the odds of Western Capital to drop to $ 8.23 or more in 90 days from now is about 62.14 (This Western Capital Resources probability density function shows the probability of Western OTC Stock to fall within a particular range of prices over 90 days) . Probability of Western Capital Resources price to stay between $ 8.23 and its current price of $8.97 at the end of the 90-day period is about 29.88 .
Given the investment horizon of 90 days Western Capital has a beta of 0.45. This entails as returns on the market go up, Western Capital average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Western Capital Resources will be expected to be much smaller as well. Additionally Western Capital Resources has an alpha of 0.2485, implying that it can generate a 0.25 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Western Capital Price Density |
| Price |
Predictive Modules for Western Capital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Western Capital Resources. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Western Capital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Western Capital is not an exception. The market had few large corrections towards the Western Capital'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 Western Capital Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Western Capital within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 0.45 | |
σ | Overall volatility | 0.67 | |
Ir | Information ratio | 0.06 |
Western Capital 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 Western Capital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Western Capital Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Western Capital had very high historical volatility over the last 90 days | |
| About 78.0% of the company outstanding shares are owned by insiders |
Western Capital 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 Western OTC Stock often depends not only on the future outlook of the current and potential Western Capital'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. Western Capital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 9.1 M |
Western Capital Technical Analysis
Western Capital's future price can be derived by breaking down and analyzing its technical indicators over time. Western OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Western Capital Resources. In general, you should focus on analyzing Western OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Western Capital Predictive Forecast Models
Western Capital's time-series forecasting models is one of many Western Capital's otc 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 Western Capital'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 otc stock market movement and maximize returns from investment trading.
Things to note about Western Capital Resources
Checking the ongoing alerts about Western Capital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Western Capital Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Western Capital had very high historical volatility over the last 90 days | |
| About 78.0% of the company outstanding shares are owned by insiders |
Additional Tools for Western OTC Stock Analysis
When running Western Capital's price analysis, check to measure Western Capital'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 Western Capital is operating at the current time. Most of Western Capital's value examination focuses on studying past and present price action to predict the probability of Western Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Capital's price. Additionally, you may evaluate how the addition of Western Capital to your portfolios can decrease your overall portfolio volatility.