Wex Inc Stock Chance of Future Stock Price Finishing Over 215.03
| WEX Stock | USD 211.66 2.27 1.08% |
Closest to current price Wex long CALL Option Payoff at Expiration
Wex |
Wex Target Price Odds to finish over 215.03
The tendency of Wex 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 over $ 215.03 or more in 90 days |
| 211.66 | 90 days | 215.03 | about 81.24 |
Based on a normal probability distribution, the odds of Wex to move over $ 215.03 or more in 90 days from now is about 81.24 (This Wex Inc probability density function shows the probability of Wex Stock to fall within a particular range of prices over 90 days) . Probability of Wex Inc price to stay between its current price of $ 211.66 and $ 215.03 at the end of the 90-day period is about 6.87 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.06 . This entails Wex Inc market returns are sensitive to returns on the market. As the market goes up or down, Wex is expected to follow. Additionally Wex Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Wex Price Density |
| Price |
Predictive Modules for Wex
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wex Inc. 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 Wex'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.
Wex Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wex is not an exception. The market had few large corrections towards the Wex'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 Wex Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wex within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.04 | |
β | Beta against NYSE Composite | 1.06 | |
σ | Overall volatility | 11.47 | |
Ir | Information ratio | -0.02 |
Wex 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 Wex for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wex Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Over 99.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from investing.com: WEX Inc. executive sells over 250k in company stock |
Wex 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 Wex Stock often depends not only on the future outlook of the current and potential Wex'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. Wex's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.3 M | |
| Cash And Short Term Investments | 5.3 B |
Wex Technical Analysis
Wex's future price can be derived by breaking down and analyzing its technical indicators over time. Wex Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wex Inc. In general, you should focus on analyzing Wex Stock price patterns and their correlations with different microeconomic environments and drivers.
Wex Predictive Forecast Models
Wex's time-series forecasting models is one of many Wex'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 Wex'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 Wex Inc
Checking the ongoing alerts about Wex for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wex Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Over 99.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from investing.com: WEX Inc. executive sells over 250k in company stock |
Check out Wex Backtesting, Wex Valuation, Wex Correlation, Wex Hype Analysis, Wex Volatility, Wex History as well as Wex Performance. Note that the Wex Inc information on this page should be used as a complementary analysis to other Wex'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Wex Stock analysis
When running Wex's price analysis, check to measure Wex'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 Wex is operating at the current time. Most of Wex's value examination focuses on studying past and present price action to predict the probability of Wex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wex's price. Additionally, you may evaluate how the addition of Wex to your portfolios can decrease your overall portfolio volatility.
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Is Wex'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 Wex. If investors know Wex 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 Wex 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 (0.01) | Earnings Share 6.16 | Revenue Per Share 60.946 | Quarterly Revenue Growth 0.067 | Return On Assets 0.0305 |
The market value of Wex Inc is measured differently than its book value, which is the value of Wex that is recorded on the company's balance sheet. Investors also form their own opinion of Wex's value that differs from its market value or its book value, called intrinsic value, which is Wex'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 Wex's market value can be influenced by many factors that don't directly affect Wex'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 Wex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wex'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.