Wizz Air Holdings Stock Odds of Future Pink Sheet Price Finishing Over 29.61
| WZZAF Stock | USD 28.09 0.00 0.00% |
Wizz |
Wizz Air Target Price Odds to finish over 29.61
The tendency of Wizz Pink Sheet 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 $ 29.61 or more in 90 days |
| 28.09 | 90 days | 29.61 | roughly 2.41 |
Based on a normal probability distribution, the odds of Wizz Air to move over $ 29.61 or more in 90 days from now is roughly 2.41 (This Wizz Air Holdings probability density function shows the probability of Wizz Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Wizz Air Holdings price to stay between its current price of $ 28.09 and $ 29.61 at the end of the 90-day period is about 20.25 .
Assuming the 90 days horizon Wizz Air has a beta of 0.9. This entails Wizz Air Holdings market returns are reactive to returns on the market. As the market goes up or down, Wizz Air is expected to follow. Additionally Wizz Air Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Wizz Air Price Density |
| Price |
Predictive Modules for Wizz Air
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Wizz Air Holdings. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet 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 Wizz Air'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.
Wizz Air Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Wizz Air is not an exception. The market had few large corrections towards the Wizz Air'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 Wizz Air Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Wizz Air within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.01 | |
β | Beta against NYSE Composite | 0.90 | |
σ | Overall volatility | 1.24 | |
Ir | Information ratio | -0.0048 |
Wizz Air 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 Wizz Air for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Wizz Air Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Wizz Air Holdings generated a negative expected return over the last 90 days | |
| Wizz Air Holdings has high likelihood to experience some financial distress in the next 2 years | |
| Wizz Air Holdings has accumulated 1.04 B in total debt. Wizz Air Holdings has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Wizz Air until it has trouble settling it off, either with new capital or with free cash flow. So, Wizz Air'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 Wizz Air Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wizz to invest in growth at high rates of return. When we think about Wizz Air's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.66 B. Net Loss for the year was (631.8 M) with profit before overhead, payroll, taxes, and interest of 73.3 M. | |
| About 26.0% of the company outstanding shares are owned by insiders |
Wizz Air 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 Wizz Pink Sheet often depends not only on the future outlook of the current and potential Wizz Air'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. Wizz Air's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 103.1 M |
Wizz Air Technical Analysis
Wizz Air's future price can be derived by breaking down and analyzing its technical indicators over time. Wizz Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wizz Air Holdings. In general, you should focus on analyzing Wizz Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Wizz Air Predictive Forecast Models
Wizz Air's time-series forecasting models is one of many Wizz Air's pink sheet 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 Wizz Air'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Wizz Air Holdings
Checking the ongoing alerts about Wizz Air for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Wizz Air Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Wizz Air Holdings generated a negative expected return over the last 90 days | |
| Wizz Air Holdings has high likelihood to experience some financial distress in the next 2 years | |
| Wizz Air Holdings has accumulated 1.04 B in total debt. Wizz Air Holdings has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Wizz Air until it has trouble settling it off, either with new capital or with free cash flow. So, Wizz Air'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 Wizz Air Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wizz to invest in growth at high rates of return. When we think about Wizz Air's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 1.66 B. Net Loss for the year was (631.8 M) with profit before overhead, payroll, taxes, and interest of 73.3 M. | |
| About 26.0% of the company outstanding shares are owned by insiders |
Other Information on Investing in Wizz Pink Sheet
Wizz Air financial ratios help investors to determine whether Wizz Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wizz with respect to the benefits of owning Wizz Air security.