Wec Energy Group Stock Probability of Future Stock Price Finishing Over 82.63
| WEC Stock | USD 83.22 0.14 0.17% |
Closest to current price WEC long CALL Option Payoff at Expiration
WEC |
WEC Energy Target Price Odds to finish over 82.63
The tendency of WEC 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 stay above $ 82.63 in 90 days |
| 83.22 | 90 days | 82.63 | about 8.27 |
Based on a normal probability distribution, the odds of WEC Energy to stay above $ 82.63 in 90 days from now is about 8.27 (This WEC Energy Group probability density function shows the probability of WEC Stock to fall within a particular range of prices over 90 days) . Probability of WEC Energy Group price to stay between $ 82.63 and its current price of $83.22 at the end of the 90-day period is under 4.
Considering the 90-day investment horizon WEC Energy has a beta of 0.72. This entails as returns on the market go up, WEC Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding WEC Energy Group will be expected to be much smaller as well. Additionally WEC Energy Group has an alpha of 0.0082, implying that it can generate a 0.008246 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). WEC Energy Price Density |
| Price |
Predictive Modules for WEC Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WEC Energy Group. 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 WEC Energy'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.
WEC Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WEC Energy is not an exception. The market had few large corrections towards the WEC Energy'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 WEC Energy Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WEC Energy within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.01 | |
β | Beta against NYSE Composite | 0.72 | |
σ | Overall volatility | 1.91 | |
Ir | Information ratio | -0.0092 |
WEC Energy 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 WEC Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WEC Energy Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has 18.8 B in debt with debt to equity (D/E) ratio of 1.33, which is OK given its current industry classification. WEC Energy Group has a current ratio of 0.68, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist WEC Energy until it has trouble settling it off, either with new capital or with free cash flow. So, WEC Energy'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 WEC Energy Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WEC to invest in growth at high rates of return. When we think about WEC Energy's use of debt, we should always consider it together with cash and equity. | |
| Over 80.0% of WEC Energy outstanding shares are owned by institutional investors | |
| Latest headline from insidermonkey.com: WEC Energy Group, Inc. Q1 2024 Earnings Call Transcript |
WEC Energy 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 WEC Stock often depends not only on the future outlook of the current and potential WEC Energy'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. WEC Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 315.9 M | |
| Cash And Short Term Investments | 42.9 M |
WEC Energy Technical Analysis
WEC Energy's future price can be derived by breaking down and analyzing its technical indicators over time. WEC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WEC Energy Group. In general, you should focus on analyzing WEC Stock price patterns and their correlations with different microeconomic environments and drivers.
WEC Energy Predictive Forecast Models
WEC Energy's time-series forecasting models is one of many WEC Energy'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 WEC Energy'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 WEC Energy Group
Checking the ongoing alerts about WEC Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WEC Energy Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has 18.8 B in debt with debt to equity (D/E) ratio of 1.33, which is OK given its current industry classification. WEC Energy Group has a current ratio of 0.68, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist WEC Energy until it has trouble settling it off, either with new capital or with free cash flow. So, WEC Energy'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 WEC Energy Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WEC to invest in growth at high rates of return. When we think about WEC Energy's use of debt, we should always consider it together with cash and equity. | |
| Over 80.0% of WEC Energy outstanding shares are owned by institutional investors | |
| Latest headline from insidermonkey.com: WEC Energy Group, Inc. Q1 2024 Earnings Call Transcript |
Check out WEC Energy Backtesting, WEC Energy Valuation, WEC Energy Correlation, WEC Energy Hype Analysis, WEC Energy Volatility, WEC Energy History as well as WEC Energy Performance. Note that the WEC Energy Group information on this page should be used as a complementary analysis to other WEC Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for WEC Stock analysis
When running WEC Energy's price analysis, check to measure WEC Energy'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 WEC Energy is operating at the current time. Most of WEC Energy's value examination focuses on studying past and present price action to predict the probability of WEC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WEC Energy's price. Additionally, you may evaluate how the addition of WEC Energy to your portfolios can decrease your overall portfolio volatility.
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Is WEC Energy's industry 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 WEC Energy. If investors know WEC 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 WEC Energy 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 0.224 | Dividend Share 3.175 | Earnings Share 4.58 | Revenue Per Share 27.532 | Quarterly Revenue Growth (0.07) |
The market value of WEC Energy Group is measured differently than its book value, which is the value of WEC that is recorded on the company's balance sheet. Investors also form their own opinion of WEC Energy's value that differs from its market value or its book value, called intrinsic value, which is WEC Energy'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 WEC Energy's market value can be influenced by many factors that don't directly affect WEC Energy'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 WEC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEC Energy'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.