WEC Energy Stock Forecast - Period Momentum Indicator
| WEC Stock | USD 83.08 0.49 0.59% |
WEC Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast WEC Energy stock prices and determine the direction of WEC Energy Group's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of WEC Energy's historical fundamentals, such as revenue growth or operating cash flow patterns. Although WEC Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of WEC Energy's systematic risk associated with finding meaningful patterns of WEC Energy fundamentals over time.
Check out Historical Fundamental Analysis of WEC Energy to cross-verify your projections. WEC |
Open Interest Against 2024-05-17 WEC Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast WEC Energy's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in WEC Energy's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for WEC Energy stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current WEC Energy's open interest, investors have to compare it to WEC Energy's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of WEC Energy is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in WEC. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in WEC Energy cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the WEC Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets WEC Energy's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.09) | 0.49 |
| Check WEC Energy Volatility | Backtest WEC Energy | Information Ratio |
WEC Energy Trading Date Momentum
| On May 04 2024 WEC Energy Group was traded for 83.08 at the closing time. Highest WEC Energy's price during the trading hours was 83.56 and the lowest price during the day was 82.51 . There was no trading activity during the period 0.0. Lack of trading volume on the 4th of May had no short-term effect on price fluctuation. The trading price change to current price is 0.11% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare WEC Energy to competition |
Other Forecasting Options for WEC Energy
For every potential investor in WEC, whether a beginner or expert, WEC Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. WEC Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in WEC. Basic forecasting techniques help filter out the noise by identifying WEC Energy's price trends.WEC Energy Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with WEC Energy stock to make a market-neutral strategy. Peer analysis of WEC Energy could also be used in its relative valuation, which is a method of valuing WEC Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
WEC Energy Group Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of WEC Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of WEC Energy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
WEC Energy Market Strength Events
Market strength indicators help investors to evaluate how WEC Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WEC Energy shares will generate the highest return on investment. By undertsting and applying WEC Energy stock market strength indicators, traders can identify WEC Energy Group entry and exit signals to maximize returns.
WEC Energy Risk Indicators
The analysis of WEC Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in WEC Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wec stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8789 | |||
| Semi Deviation | 1.1 | |||
| Standard Deviation | 1.18 | |||
| Variance | 1.39 | |||
| Downside Variance | 1.4 | |||
| Semi Variance | 1.21 | |||
| Expected Short fall | (0.97) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
WEC Energy Investors Sentiment
The influence of WEC Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in WEC. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to WEC Energy's public news can be used to forecast risks associated with an investment in WEC. The trend in average sentiment can be used to explain how an investor holding WEC can time the market purely based on public headlines and social activities around WEC Energy Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
WEC Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for WEC Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average WEC Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on WEC Energy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards WEC Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, WEC Energy's short interest history, or implied volatility extrapolated from WEC Energy options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether WEC Energy Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WEC Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wec Energy Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wec Energy Group Stock:Check out Historical Fundamental Analysis of WEC Energy to cross-verify your projections. 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 Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.