WhiteSmoke Software (Israel) Probability of Future Stock Price Finishing Under 15.80
| WSMK Stock | ILA 500.00 25.10 5.29% |
WhiteSmoke |
WhiteSmoke Software Target Price Odds to finish below 15.80
The tendency of WhiteSmoke 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 15.80 or more in 90 days |
| 500.00 | 90 days | 15.80 | near 1 |
Based on a normal probability distribution, the odds of WhiteSmoke Software to drop to 15.80 or more in 90 days from now is near 1 (This WhiteSmoke Software probability density function shows the probability of WhiteSmoke Stock to fall within a particular range of prices over 90 days) . Probability of WhiteSmoke Software price to stay between 15.80 and its current price of 500.0 at the end of the 90-day period is about 80.74 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 3.43 . 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, WhiteSmoke Software will likely underperform. In addition to that WhiteSmoke Software has an alpha of 5.7328, implying that it can generate a 5.73 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). WhiteSmoke Software Price Density |
| Price |
Predictive Modules for WhiteSmoke Software
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WhiteSmoke Software. 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.WhiteSmoke Software Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WhiteSmoke Software is not an exception. The market had few large corrections towards the WhiteSmoke Software'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 WhiteSmoke Software, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WhiteSmoke Software within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 5.73 | |
β | Beta against Dow Jones | 3.43 | |
σ | Overall volatility | 143.22 | |
Ir | Information ratio | 0.13 |
WhiteSmoke Software 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 WhiteSmoke Software for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WhiteSmoke Software can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WhiteSmoke Software is way too risky over 90 days horizon | |
| WhiteSmoke Software appears to be risky and price may revert if volatility continues | |
| The company has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist WhiteSmoke Software until it has trouble settling it off, either with new capital or with free cash flow. So, WhiteSmoke Software's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like WhiteSmoke Software sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WhiteSmoke to invest in growth at high rates of return. When we think about WhiteSmoke Software's use of debt, we should always consider it together with cash and equity. | |
| WhiteSmoke Software reported the revenue of 536 K. Net Loss for the year was (2.82 M) with profit before overhead, payroll, taxes, and interest of 378 K. | |
| WhiteSmoke Software has accumulated about 1.59 M in cash with (130 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 22.0% of the company outstanding shares are owned by insiders |
WhiteSmoke Software 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 WhiteSmoke Stock often depends not only on the future outlook of the current and potential WhiteSmoke Software'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. WhiteSmoke Software's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0276 | |
| Shares Float | 13.3 M |
WhiteSmoke Software Technical Analysis
WhiteSmoke Software's future price can be derived by breaking down and analyzing its technical indicators over time. WhiteSmoke Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WhiteSmoke Software. In general, you should focus on analyzing WhiteSmoke Stock price patterns and their correlations with different microeconomic environments and drivers.
WhiteSmoke Software Predictive Forecast Models
WhiteSmoke Software's time-series forecasting models is one of many WhiteSmoke Software'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 WhiteSmoke Software'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 WhiteSmoke Software
Checking the ongoing alerts about WhiteSmoke Software for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WhiteSmoke Software help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WhiteSmoke Software is way too risky over 90 days horizon | |
| WhiteSmoke Software appears to be risky and price may revert if volatility continues | |
| The company has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist WhiteSmoke Software until it has trouble settling it off, either with new capital or with free cash flow. So, WhiteSmoke Software's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like WhiteSmoke Software sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WhiteSmoke to invest in growth at high rates of return. When we think about WhiteSmoke Software's use of debt, we should always consider it together with cash and equity. | |
| WhiteSmoke Software reported the revenue of 536 K. Net Loss for the year was (2.82 M) with profit before overhead, payroll, taxes, and interest of 378 K. | |
| WhiteSmoke Software has accumulated about 1.59 M in cash with (130 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 22.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in WhiteSmoke Stock
WhiteSmoke Software financial ratios help investors to determine whether WhiteSmoke 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 WhiteSmoke with respect to the benefits of owning WhiteSmoke Software security.