Wideopenwest Stock Probability of Future Stock Price Finishing Over 4.80
| WOW Stock | USD 4.80 0.01 0.21% |
Closest to current price WideOpenWest long CALL Option Payoff at Expiration
WideOpenWest |
WideOpenWest Target Price Odds to finish over 4.80
The tendency of WideOpenWest 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 |
| 4.80 | 90 days | 4.80 | about 6.06 |
Based on a normal probability distribution, the odds of WideOpenWest to move above the current price in 90 days from now is about 6.06 (This WideOpenWest probability density function shows the probability of WideOpenWest 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 1.09 . This entails WideOpenWest market returns are correlated to returns on the market. As the market goes up or down, WideOpenWest is expected to follow. Additionally WideOpenWest has an alpha of 0.2687, implying that it can generate a 0.27 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). WideOpenWest Price Density |
| Price |
Predictive Modules for WideOpenWest
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as WideOpenWest. 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 WideOpenWest'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.
WideOpenWest Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. WideOpenWest is not an exception. The market had few large corrections towards the WideOpenWest'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 WideOpenWest, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of WideOpenWest within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.27 | |
β | Beta against NYSE Composite | 1.09 | |
σ | Overall volatility | 0.60 | |
Ir | Information ratio | 0.06 |
WideOpenWest 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 WideOpenWest for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for WideOpenWest can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| WideOpenWest had very high historical volatility over the last 90 days | |
| The company has 956.8 M in debt with debt to equity (D/E) ratio of 1.29, which is OK given its current industry classification. WideOpenWest has a current ratio of 0.85, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist WideOpenWest until it has trouble settling it off, either with new capital or with free cash flow. So, WideOpenWest'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 WideOpenWest sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WideOpenWest to invest in growth at high rates of return. When we think about WideOpenWest's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 686.7 M. Reported Net Loss for the year was (287.7 M) with profit before taxes, overhead, and interest of 384.1 M. | |
| Over 83.0% of WideOpenWest outstanding shares are owned by institutional investors | |
| Latest headline from benzinga.com: WIDEOPENWEST ALERT WideOpenWests 4.80 Per Share Offer from DigitalBridge is Under Investigation Contact BFA Law to Discuss How this Impacts You |
WideOpenWest 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 WideOpenWest Stock often depends not only on the future outlook of the current and potential WideOpenWest'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. WideOpenWest's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 81.6 M | |
| Cash And Short Term Investments | 23.4 M |
WideOpenWest Technical Analysis
WideOpenWest's future price can be derived by breaking down and analyzing its technical indicators over time. WideOpenWest Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of WideOpenWest. In general, you should focus on analyzing WideOpenWest Stock price patterns and their correlations with different microeconomic environments and drivers.
WideOpenWest Predictive Forecast Models
WideOpenWest's time-series forecasting models is one of many WideOpenWest'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 WideOpenWest'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 WideOpenWest
Checking the ongoing alerts about WideOpenWest for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for WideOpenWest help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| WideOpenWest had very high historical volatility over the last 90 days | |
| The company has 956.8 M in debt with debt to equity (D/E) ratio of 1.29, which is OK given its current industry classification. WideOpenWest has a current ratio of 0.85, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist WideOpenWest until it has trouble settling it off, either with new capital or with free cash flow. So, WideOpenWest'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 WideOpenWest sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WideOpenWest to invest in growth at high rates of return. When we think about WideOpenWest's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 686.7 M. Reported Net Loss for the year was (287.7 M) with profit before taxes, overhead, and interest of 384.1 M. | |
| Over 83.0% of WideOpenWest outstanding shares are owned by institutional investors | |
| Latest headline from benzinga.com: WIDEOPENWEST ALERT WideOpenWests 4.80 Per Share Offer from DigitalBridge is Under Investigation Contact BFA Law to Discuss How this Impacts You |
Check out WideOpenWest Backtesting, WideOpenWest Valuation, WideOpenWest Correlation, WideOpenWest Hype Analysis, WideOpenWest Volatility, WideOpenWest History as well as WideOpenWest Performance. For more information on how to buy WideOpenWest Stock please use our How to Invest in WideOpenWest guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for WideOpenWest Stock analysis
When running WideOpenWest's price analysis, check to measure WideOpenWest'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 WideOpenWest is operating at the current time. Most of WideOpenWest's value examination focuses on studying past and present price action to predict the probability of WideOpenWest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WideOpenWest's price. Additionally, you may evaluate how the addition of WideOpenWest to your portfolios can decrease your overall portfolio volatility.
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Is WideOpenWest'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 WideOpenWest. If investors know WideOpenWest 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 WideOpenWest 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 (1.00) | Earnings Share (3.31) | Revenue Per Share 8.328 | Quarterly Revenue Growth (0.06) | Return On Assets 0.013 |
The market value of WideOpenWest is measured differently than its book value, which is the value of WideOpenWest that is recorded on the company's balance sheet. Investors also form their own opinion of WideOpenWest's value that differs from its market value or its book value, called intrinsic value, which is WideOpenWest'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 WideOpenWest's market value can be influenced by many factors that don't directly affect WideOpenWest'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 WideOpenWest's value and its price as these two are different measures arrived at by different means. Investors typically determine if WideOpenWest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WideOpenWest'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.