We Source Corp Stock Probability of Future Stock Price Finishing Over 1.0E-4
| WESC Stock | USD 0.0001 0.00 0.00% |
WE Source Target Price Odds to finish over 1.0E-4
The tendency of WESC 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 above the current price in 90 days |
| 0.0001 | 90 days | 0.0001 | about 70.48 |
Based on a normal probability distribution, the odds of WE Source to move above the current price in 90 days from now is about 70.48 (This WE Source Corp probability density function shows the probability of WESC Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.9 . 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, WE Source will likely underperform. Additionally WE Source Corp 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. WE Source Price Density |
| Price |
Predictive Modules for WE Source
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WE Source Corp. 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 WE Source'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.
WE Source Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WE Source is not an exception. The market had few large corrections towards the WE Source'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 WE Source Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WE Source within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.76 | |
β | Beta against Dow Jones | 1.90 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -0.13 |
WE Source 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 WE Source for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WE Source Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WE Source Corp generated a negative expected return over the last 90 days | |
| WE Source Corp has high historical volatility and very poor performance | |
| WE Source Corp has some characteristics of a very speculative penny stock | |
| WE Source Corp has high likelihood to experience some financial distress in the next 2 years | |
| WE Source Corp currently holds 100.78 K in liabilities. WE Source Corp has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about WE Source's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (71.59 K) with profit before overhead, payroll, taxes, and interest of 784. | |
| WE Source Corp currently holds about 853 in cash with (43.09 K) of positive cash flow from operations. | |
| WE Source Corp has a poor financial position based on the latest SEC disclosures | |
| Roughly 91.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: VELA Investment Management LLC Sells 5,915 Shares of 1st Source Corporation - MarketBeat |
WE Source 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 WESC Stock often depends not only on the future outlook of the current and potential WE Source'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. WE Source's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 130.1 M |
WE Source Technical Analysis
WE Source's future price can be derived by breaking down and analyzing its technical indicators over time. WESC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WE Source Corp. In general, you should focus on analyzing WESC Stock price patterns and their correlations with different microeconomic environments and drivers.
WE Source Predictive Forecast Models
WE Source's time-series forecasting models is one of many WE Source'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 WE Source'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 WE Source Corp
Checking the ongoing alerts about WE Source for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WE Source Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WE Source Corp generated a negative expected return over the last 90 days | |
| WE Source Corp has high historical volatility and very poor performance | |
| WE Source Corp has some characteristics of a very speculative penny stock | |
| WE Source Corp has high likelihood to experience some financial distress in the next 2 years | |
| WE Source Corp currently holds 100.78 K in liabilities. WE Source Corp has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about WE Source's use of debt, we should always consider it together with its cash and equity. | |
| Net Loss for the year was (71.59 K) with profit before overhead, payroll, taxes, and interest of 784. | |
| WE Source Corp currently holds about 853 in cash with (43.09 K) of positive cash flow from operations. | |
| WE Source Corp has a poor financial position based on the latest SEC disclosures | |
| Roughly 91.0% of the company outstanding shares are owned by insiders | |
| Latest headline from news.google.com: VELA Investment Management LLC Sells 5,915 Shares of 1st Source Corporation - MarketBeat |
Check out WE Source Backtesting, WE Source Valuation, WE Source Correlation, WE Source Hype Analysis, WE Source Volatility, WE Source History as well as WE Source Performance. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Hotels, Resorts & Cruise Lines 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 WE Source. If investors know WESC 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 WE Source listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of WE Source Corp is measured differently than its book value, which is the value of WESC that is recorded on the company's balance sheet. Investors also form their own opinion of WE Source's value that differs from its market value or its book value, called intrinsic value, which is WE Source'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 WE Source's market value can be influenced by many factors that don't directly affect WE Source'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 WE Source's value and its price as these two are different measures arrived at by different means. Investors typically determine if WE Source is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WE Source'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.