WESTLIFE FOODWORLD (India) Probability of Future Stock Price Finishing Over 874.45
| WESTLIFE | 825.05 21.00 2.48% |
WESTLIFE |
WESTLIFE FOODWORLD Target Price Odds to finish over 874.45
The tendency of WESTLIFE 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 874.45 or more in 90 days |
| 825.05 | 90 days | 874.45 | about 16.4 |
Based on a normal probability distribution, the odds of WESTLIFE FOODWORLD to move over 874.45 or more in 90 days from now is about 16.4 (This WESTLIFE FOODWORLD LIMITED probability density function shows the probability of WESTLIFE Stock to fall within a particular range of prices over 90 days) . Probability of WESTLIFE FOODWORLD price to stay between its current price of 825.05 and 874.45 at the end of the 90-day period is about 25.3 .
Assuming the 90 days trading horizon WESTLIFE FOODWORLD LIMITED has a beta of -0.0249. This entails as returns on the benchmark increase, returns on holding WESTLIFE FOODWORLD are expected to decrease at a much lower rate. During a bear market, however, WESTLIFE FOODWORLD LIMITED is likely to outperform the market. Additionally WESTLIFE FOODWORLD LIMITED 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. WESTLIFE FOODWORLD Price Density |
| Price |
Predictive Modules for WESTLIFE FOODWORLD
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WESTLIFE FOODWORLD. 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.WESTLIFE FOODWORLD Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WESTLIFE FOODWORLD is not an exception. The market had few large corrections towards the WESTLIFE FOODWORLD'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 WESTLIFE FOODWORLD LIMITED, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WESTLIFE FOODWORLD within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 64.27 | |
Ir | Information ratio | -0.02 |
WESTLIFE FOODWORLD 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 WESTLIFE FOODWORLD for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WESTLIFE FOODWORLD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WESTLIFE FOODWORLD generated a negative expected return over the last 90 days | |
| About 69.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Is Westlife Foodworld Limiteds Recent Stock Performance Influenced By Its Fundamentals In Any Way - Simply Wall St |
WESTLIFE FOODWORLD 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 WESTLIFE Stock often depends not only on the future outlook of the current and potential WESTLIFE FOODWORLD'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. WESTLIFE FOODWORLD's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 155.9 M | |
| Cash And Short Term Investments | 1 B |
WESTLIFE FOODWORLD Technical Analysis
WESTLIFE FOODWORLD's future price can be derived by breaking down and analyzing its technical indicators over time. WESTLIFE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WESTLIFE FOODWORLD LIMITED. In general, you should focus on analyzing WESTLIFE Stock price patterns and their correlations with different microeconomic environments and drivers.
WESTLIFE FOODWORLD Predictive Forecast Models
WESTLIFE FOODWORLD's time-series forecasting models is one of many WESTLIFE FOODWORLD'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 WESTLIFE FOODWORLD'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 WESTLIFE FOODWORLD
Checking the ongoing alerts about WESTLIFE FOODWORLD for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WESTLIFE FOODWORLD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WESTLIFE FOODWORLD generated a negative expected return over the last 90 days | |
| About 69.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Is Westlife Foodworld Limiteds Recent Stock Performance Influenced By Its Fundamentals In Any Way - Simply Wall St |
Other Information on Investing in WESTLIFE Stock
WESTLIFE FOODWORLD financial ratios help investors to determine whether WESTLIFE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in WESTLIFE with respect to the benefits of owning WESTLIFE FOODWORLD security.