Walgreens Stock Probability of Future Stock Price Finishing Over 72.0

WBA
 Stock
  

USD 41.21  0.27  0.65%   

Walgreens Boots' future price is the expected price of Walgreens Boots instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Walgreens Boots Alliance performance during a given time horizon utilizing its historical volatility. The current year Price to Book Value is expected to grow to 3.86. The current year Price to Earnings Ratio is expected to grow to 26.24.
  
Walgreens Boots' implied volatility is one of the determining factors in the pricing options written on Walgreens Boots Alliance. Implied volatility approximates the future value of Walgreens Boots based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Walgreens Boots Alliance over a specific time period. For example, 2022-12-09 CALL at $41.0 is a CALL option contract on Walgreens Boots' common stock with a strick price of 41.0 expiring on 2022-12-09. The contract was last traded on 2022-12-05 at 15:42:44 for $0.58 and, as of today, has 3 days remaining before the expiration. The option is currently trading at a bid price of $0.59, and an ask price of $0.64. The implied volatility as of the 5th of December is 33.9297. View All Walgreens options

Closest to current price Walgreens long CALL Option Payoff at Expiration

Check out Walgreens Boots Backtesting, Walgreens Boots Valuation, Walgreens Boots Correlation, Walgreens Boots Hype Analysis, Walgreens Boots Volatility, Walgreens Boots History as well as Walgreens Boots Performance. Please specify Walgreens Boots time horizon, a valid symbol (red box) and a target price (blue box) you would like Walgreens Boots odds to be computed.

Walgreens Boots Target Price Odds to finish over 72.0

The tendency of Walgreens 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 PriceHorizonTarget PriceOdds to move over $ 72.00  or more in 90 days
 41.21 90 days 72.00 
close to zero percent
Based on a normal probability distribution, the odds of Walgreens Boots to move over $ 72.00  or more in 90 days from now is close to zero percent (This Walgreens Boots Alliance probability density function shows the probability of Walgreens Stock to fall within a particular range of prices over 90 days) . Probability of Walgreens Boots Alliance price to stay between its current price of $ 41.21  and $ 72.00  at the end of the 90-day period is about 5.43 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.08 . This entails Walgreens Boots Alliance market returns are sensitive to returns on the market. As the market goes up or down, Walgreens Boots is expected to follow. Additionally The company has an alpha of 0.1944, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Walgreens Boots Price Density   
       Price  

Predictive Modules for Walgreens Boots

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Walgreens Boots Alliance. Regardless of method or technology, however, to accurately forecast the stock or bond 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, frequently view the market will even out over time. This tendency of Walgreens Boots' 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. Please use the tools below to analyze the current value of Walgreens Boots in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
38.5540.8943.23
Details
Intrinsic
Valuation
LowReal ValueHigh
37.0949.6151.95
Details
Naive
Forecast
LowNext ValueHigh
38.3940.7243.06
Details
10 Analysts
Consensus
LowTarget PriceHigh
49.0054.5572.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Walgreens Boots. Your research has to be compared to or analyzed against Walgreens Boots' peers to derive any actionable benefits. When done correctly, Walgreens Boots' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Walgreens Boots Alliance.

Walgreens Boots Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Walgreens Boots is not an exception. The market had few large corrections towards the Walgreens Boots' 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 Walgreens Boots Alliance, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Walgreens Boots within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.19
β
Beta against NYSE Composite1.08
σ
Overall volatility
3.44
Ir
Information ratio 0.09

Walgreens Boots 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 Walgreens Boots for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Walgreens Boots Alliance can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The company has 10.62 B in debt with debt to equity (D/E) ratio of 1.2, which is OK given its current industry classification. Walgreens Boots Alliance has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Walgreens Boots until it has trouble settling it off, either with new capital or with free cash flow. So, Walgreens Boots' 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 Walgreens Boots Alliance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Walgreens to invest in growth at high rates of return. When we think about Walgreens Boots' use of debt, we should always consider it together with cash and equity.
About 60.0% of Walgreens Boots outstanding shares are owned by institutional investors
Latest headline from news.google.com: Retailer, energy boost helps Wall Street rally - Marketscreener.com

Walgreens Boots 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 Walgreens Stock often depends not only on the future outlook of the current and potential Walgreens Boots' 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. Walgreens Boots' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding865900000.00
Cash And Short Term Investments2472000000.00

Walgreens Boots Technical Analysis

Walgreens Boots' future price can be derived by breaking down and analyzing its technical indicators over time. Walgreens Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Walgreens Boots Alliance. In general, you should focus on analyzing Walgreens Stock price patterns and their correlations with different microeconomic environments and drivers.

Walgreens Boots Predictive Forecast Models

Walgreens Boots time-series forecasting models is one of many Walgreens Boots' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Walgreens Boots' 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 Walgreens Boots Alliance

Checking the ongoing alerts about Walgreens Boots for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Walgreens Boots Alliance help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company has 10.62 B in debt with debt to equity (D/E) ratio of 1.2, which is OK given its current industry classification. Walgreens Boots Alliance has a current ratio of 0.74, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Walgreens Boots until it has trouble settling it off, either with new capital or with free cash flow. So, Walgreens Boots' 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 Walgreens Boots Alliance sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Walgreens to invest in growth at high rates of return. When we think about Walgreens Boots' use of debt, we should always consider it together with cash and equity.
About 60.0% of Walgreens Boots outstanding shares are owned by institutional investors
Latest headline from news.google.com: Retailer, energy boost helps Wall Street rally - Marketscreener.com
Check out Walgreens Boots Backtesting, Walgreens Boots Valuation, Walgreens Boots Correlation, Walgreens Boots Hype Analysis, Walgreens Boots Volatility, Walgreens Boots History as well as Walgreens Boots Performance. Note that the Walgreens Boots Alliance information on this page should be used as a complementary analysis to other Walgreens Boots' 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Walgreens Stock analysis

When running Walgreens Boots Alliance price analysis, check to measure Walgreens Boots' 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 Walgreens Boots is operating at the current time. Most of Walgreens Boots' value examination focuses on studying past and present price action to predict the probability of Walgreens Boots' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Walgreens Boots' price. Additionally, you may evaluate how the addition of Walgreens Boots to your portfolios can decrease your overall portfolio volatility.
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Is Walgreens Boots' 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 Walgreens Boots. If investors know Walgreens 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 Walgreens Boots 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 YOY
(0.76) 
Market Capitalization
35.7 B
Quarterly Revenue Growth YOY
(0.05) 
Return On Assets
0.0224
Return On Equity
0.15
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' 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 Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' 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 Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine Walgreens Boots value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' 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.