Weis Markets Stock Probability of Future Stock Price Finishing Under 75.16
| WMK Stock | USD 75.16 2.70 3.73% |
Weis |
Weis Markets Target Price Odds to finish below 75.16
The tendency of Weis 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 below current price in 90 days |
| 75.16 | 90 days | 75.16 | close to 99 |
Based on a normal probability distribution, the odds of Weis Markets to move below current price in 90 days from now is close to 99 (This Weis Markets probability density function shows the probability of Weis Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.2 . 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, Weis Markets will likely underperform. Additionally Weis Markets 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. Weis Markets Price Density |
| Price |
Predictive Modules for Weis Markets
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Weis Markets. 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.Weis Markets Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Weis Markets is not an exception. The market had few large corrections towards the Weis Markets' 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 Weis Markets, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Weis Markets within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.08 | |
β | Beta against Dow Jones | 1.20 | |
σ | Overall volatility | 2.29 | |
Ir | Information ratio | -0.02 |
Weis Markets 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 Weis Markets for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Weis Markets can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Weis Markets is unlikely to experience financial distress in the next 2 years | |
| About 39.0% of the company outstanding shares are owned by insiders | |
| Latest headline from simplywall.st: Weis Markets Third Quarter 2024 Earnings EPS US0.96 |
Weis Markets 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 Weis Stock often depends not only on the future outlook of the current and potential Weis Markets' 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. Weis Markets' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.9 M | |
| Cash And Short Term Investments | 436.9 M |
Weis Markets Technical Analysis
Weis Markets' future price can be derived by breaking down and analyzing its technical indicators over time. Weis Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Weis Markets. In general, you should focus on analyzing Weis Stock price patterns and their correlations with different microeconomic environments and drivers.
Weis Markets Predictive Forecast Models
Weis Markets' time-series forecasting models is one of many Weis Markets' 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 Weis Markets' 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 Weis Markets
Checking the ongoing alerts about Weis Markets for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Weis Markets help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Weis Markets is unlikely to experience financial distress in the next 2 years | |
| About 39.0% of the company outstanding shares are owned by insiders | |
| Latest headline from simplywall.st: Weis Markets Third Quarter 2024 Earnings EPS US0.96 |
Check out Weis Markets Backtesting, Weis Markets Valuation, Weis Markets Correlation, Weis Markets Hype Analysis, Weis Markets Volatility, Weis Markets History as well as Weis Markets Performance. For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Consumer Staples Distribution & Retail 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 Weis Markets. If investors know Weis 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 Weis Markets 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 0.113 | Dividend Share 1.36 | Earnings Share 3.56 | Revenue Per Share 176.946 | Quarterly Revenue Growth 0.022 |
The market value of Weis Markets is measured differently than its book value, which is the value of Weis that is recorded on the company's balance sheet. Investors also form their own opinion of Weis Markets' value that differs from its market value or its book value, called intrinsic value, which is Weis Markets' 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 Weis Markets' market value can be influenced by many factors that don't directly affect Weis Markets' 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 Weis Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Weis Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weis Markets' 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.