WESCO International (Germany) Probability of Future Stock Price Finishing Under 133.30
| WP7 Stock | EUR 171.00 1.00 0.58% |
WESCO |
WESCO International Target Price Odds to finish below 133.30
The tendency of WESCO 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 € 133.30 or more in 90 days |
| 171.00 | 90 days | 133.30 | near 1 |
Based on a normal probability distribution, the odds of WESCO International to drop to € 133.30 or more in 90 days from now is near 1 (This WESCO International probability density function shows the probability of WESCO Stock to fall within a particular range of prices over 90 days) . Probability of WESCO International price to stay between € 133.30 and its current price of €171.0 at the end of the 90-day period is about 36.3 .
Assuming the 90 days horizon WESCO International has a beta of 0.29. This entails as returns on the market go up, WESCO International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WESCO International will be expected to be much smaller as well. Additionally WESCO International has an alpha of 0.2425, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WESCO International Price Density |
| Price |
Predictive Modules for WESCO International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WESCO International. 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.WESCO International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WESCO International is not an exception. The market had few large corrections towards the WESCO International'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 WESCO International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WESCO International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 0.29 | |
σ | Overall volatility | 17.45 | |
Ir | Information ratio | 0.09 |
WESCO International 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 WESCO International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WESCO International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 96.0% of the company outstanding shares are owned by institutional investors |
WESCO International 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 WESCO Stock often depends not only on the future outlook of the current and potential WESCO International'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. WESCO International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 50.8 M |
WESCO International Technical Analysis
WESCO International's future price can be derived by breaking down and analyzing its technical indicators over time. WESCO Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WESCO International. In general, you should focus on analyzing WESCO Stock price patterns and their correlations with different microeconomic environments and drivers.
WESCO International Predictive Forecast Models
WESCO International's time-series forecasting models is one of many WESCO International'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 WESCO International'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 WESCO International
Checking the ongoing alerts about WESCO International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WESCO International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 96.0% of the company outstanding shares are owned by institutional investors |
Additional Information and Resources on Investing in WESCO Stock
When determining whether WESCO International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WESCO International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wesco International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wesco International Stock:Check out WESCO International Backtesting, WESCO International Valuation, WESCO International Correlation, WESCO International Hype Analysis, WESCO International Volatility, WESCO International History as well as WESCO International Performance. For more detail on how to invest in WESCO Stock please use our How to Invest in WESCO International guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.