Watts Water Technologies Stock Probability of Future Stock Price Finishing Over 186.97
| WTS Stock | USD 186.97 1.94 1.03% |
Closest to current price Watts long CALL Option Payoff at Expiration
Watts |
Watts Water Target Price Odds to finish over 186.97
The tendency of Watts 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 |
| 186.97 | 90 days | 186.97 | close to 99 |
Based on a normal probability distribution, the odds of Watts Water to move above the current price in 90 days from now is close to 99 (This Watts Water Technologies probability density function shows the probability of Watts 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 1.37 . 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, Watts Water will likely underperform. Additionally Watts Water Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Watts Water Price Density |
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Predictive Modules for Watts Water
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Watts Water Technologies. 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 Watts Water'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.
Watts Water Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Watts Water is not an exception. The market had few large corrections towards the Watts Water'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 Watts Water Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Watts Water within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.14 | |
β | Beta against NYSE Composite | 1.37 | |
σ | Overall volatility | 6.67 | |
Ir | Information ratio | -0.11 |
Watts Water 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 Watts Water for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Watts Water Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Watts Water generated a negative expected return over the last 90 days | |
| Over 98.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from investing.com: Paycom director Watts buys 21.9k in company stock |
Watts Water 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 Watts Stock often depends not only on the future outlook of the current and potential Watts Water'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. Watts Water's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 33.5 M | |
| Cash And Short Term Investments | 350.1 M |
Watts Water Technical Analysis
Watts Water's future price can be derived by breaking down and analyzing its technical indicators over time. Watts Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Watts Water Technologies. In general, you should focus on analyzing Watts Stock price patterns and their correlations with different microeconomic environments and drivers.
Watts Water Predictive Forecast Models
Watts Water's time-series forecasting models is one of many Watts Water'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 Watts Water'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 Watts Water Technologies
Checking the ongoing alerts about Watts Water for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Watts Water Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Watts Water generated a negative expected return over the last 90 days | |
| Over 98.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from investing.com: Paycom director Watts buys 21.9k in company stock |
Additional Tools for Watts Stock Analysis
When running Watts Water's price analysis, check to measure Watts Water'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 Watts Water is operating at the current time. Most of Watts Water's value examination focuses on studying past and present price action to predict the probability of Watts Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Watts Water's price. Additionally, you may evaluate how the addition of Watts Water to your portfolios can decrease your overall portfolio volatility.