Willscot Mobile Mini Stock Probability of Future Stock Price Finishing Under 29.11
| WSC Stock | USD 36.36 0.64 1.73% |
Willscot |
Willscot Mobile Target Price Odds to finish below 29.11
The tendency of Willscot 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 $ 29.11 or more in 90 days |
| 36.36 | 90 days | 29.11 | near 1 |
Based on a normal probability distribution, the odds of Willscot Mobile to drop to $ 29.11 or more in 90 days from now is near 1 (This Willscot Mobile Mini probability density function shows the probability of Willscot Stock to fall within a particular range of prices over 90 days) . Probability of Willscot Mobile Mini price to stay between $ 29.11 and its current price of $36.36 at the end of the 90-day period is about 18.1 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.93 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Willscot Mobile will likely underperform. Additionally Willscot Mobile Mini 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. Willscot Mobile Price Density |
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Predictive Modules for Willscot Mobile
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Willscot Mobile Mini. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Willscot Mobile'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.
Willscot Mobile Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Willscot Mobile is not an exception. The market had few large corrections towards the Willscot Mobile'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 Willscot Mobile Mini, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Willscot Mobile within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.24 | |
β | Beta against Dow Jones | 1.93 | |
σ | Overall volatility | 1.57 | |
Ir | Information ratio | -0.04 |
Willscot Mobile 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 Willscot Mobile for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Willscot Mobile Mini can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Willscot Mobile Mini generated a negative expected return over the last 90 days | |
| Willscot Mobile Mini has high historical volatility and very poor performance | |
| Willscot Mobile Mini is unlikely to experience financial distress in the next 2 years | |
| Willscot Mobile Mini has 3.8 B in debt with debt to equity (D/E) ratio of 1.85, which is OK given its current industry classification. Willscot Mobile Mini has a current ratio of 0.88, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Willscot to invest in growth at high rates of return. | |
| Over 97.0% of Willscot Mobile outstanding shares are owned by institutional investors | |
| Latest headline from gurufocus.com: WillScot Holdings Corp Announces Key Executive Leadership Transitions |
Willscot Mobile 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 Willscot Stock often depends not only on the future outlook of the current and potential Willscot Mobile'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. Willscot Mobile's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 201.8 M | |
| Cash And Short Term Investments | 11 M |
Willscot Mobile Technical Analysis
Willscot Mobile's future price can be derived by breaking down and analyzing its technical indicators over time. Willscot Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Willscot Mobile Mini. In general, you should focus on analyzing Willscot Stock price patterns and their correlations with different microeconomic environments and drivers.
Willscot Mobile Predictive Forecast Models
Willscot Mobile's time-series forecasting models is one of many Willscot Mobile'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 Willscot Mobile'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 Willscot Mobile Mini
Checking the ongoing alerts about Willscot Mobile for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Willscot Mobile Mini help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Willscot Mobile Mini generated a negative expected return over the last 90 days | |
| Willscot Mobile Mini has high historical volatility and very poor performance | |
| Willscot Mobile Mini is unlikely to experience financial distress in the next 2 years | |
| Willscot Mobile Mini has 3.8 B in debt with debt to equity (D/E) ratio of 1.85, which is OK given its current industry classification. Willscot Mobile Mini has a current ratio of 0.88, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Willscot to invest in growth at high rates of return. | |
| Over 97.0% of Willscot Mobile outstanding shares are owned by institutional investors | |
| Latest headline from gurufocus.com: WillScot Holdings Corp Announces Key Executive Leadership Transitions |
Check out Willscot Mobile Backtesting, Willscot Mobile Valuation, Willscot Mobile Correlation, Willscot Mobile Hype Analysis, Willscot Mobile Volatility, Willscot Mobile History as well as Willscot Mobile Performance. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Willscot Mobile. If investors know Willscot will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Willscot Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.71) | Earnings Share 0.12 | Revenue Per Share 12.675 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0592 |
The market value of Willscot Mobile Mini is measured differently than its book value, which is the value of Willscot that is recorded on the company's balance sheet. Investors also form their own opinion of Willscot Mobile's value that differs from its market value or its book value, called intrinsic value, which is Willscot Mobile's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Willscot Mobile's market value can be influenced by many factors that don't directly affect Willscot Mobile's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Willscot Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Willscot Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Willscot Mobile's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.