Wesbanco Preferred Stock Odds of Future Preferred Stock Price Finishing Under 24.90
| WSBCP Preferred Stock | USD 25.28 0.02 0.08% |
WesBanco |
WesBanco Target Price Odds to finish below 24.90
The tendency of WesBanco 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 $ 24.90 or more in 90 days |
| 25.28 | 90 days | 24.90 | about 47.16 |
Based on a normal probability distribution, the odds of WesBanco to drop to $ 24.90 or more in 90 days from now is about 47.16 (This WesBanco probability density function shows the probability of WesBanco Preferred Stock to fall within a particular range of prices over 90 days) . Probability of WesBanco price to stay between $ 24.90 and its current price of $25.28 at the end of the 90-day period is about 46.35 .
Assuming the 90 days horizon WesBanco has a beta of -0.11. This entails as returns on the benchmark increase, returns on holding WesBanco are expected to decrease at a much lower rate. During a bear market, however, WesBanco is likely to outperform the market. Additionally WesBanco has an alpha of 0.0553, implying that it can generate a 0.0553 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WesBanco Price Density |
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Predictive Modules for WesBanco
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WesBanco. 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 WesBanco'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.
WesBanco Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WesBanco is not an exception. The market had few large corrections towards the WesBanco'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 WesBanco, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WesBanco within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.06 | |
β | Beta against Dow Jones | -0.11 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | -0.23 |
WesBanco 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 WesBanco Preferred Stock often depends not only on the future outlook of the current and potential WesBanco'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. WesBanco's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 59.2 M | |
| Short Long Term Debt | 135.1 M | |
| Forward Annual Dividend Rate | 1.69 | |
| Shares Float | 55.7 M |
WesBanco Technical Analysis
WesBanco's future price can be derived by breaking down and analyzing its technical indicators over time. WesBanco Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WesBanco. In general, you should focus on analyzing WesBanco Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
WesBanco Predictive Forecast Models
WesBanco's time-series forecasting models is one of many WesBanco'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 WesBanco'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 WesBanco 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, WesBanco's short interest history, or implied volatility extrapolated from WesBanco options trading.
Additional Tools for WesBanco Preferred Stock Analysis
When running WesBanco's price analysis, check to measure WesBanco'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 WesBanco is operating at the current time. Most of WesBanco's value examination focuses on studying past and present price action to predict the probability of WesBanco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WesBanco's price. Additionally, you may evaluate how the addition of WesBanco to your portfolios can decrease your overall portfolio volatility.