Worley OTC Stock Probability of Future OTC Stock Price Finishing Over 10.00

WYGPY
 Stock
  

USD 10.00  0.26  2.67%   

Worley Parsons' future price is the expected price of Worley Parsons 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 Worley Parsons ADR performance during a given time horizon utilizing its historical volatility.
  
Check out Worley Parsons Backtesting, Worley Parsons Valuation, Worley Parsons Correlation, Worley Parsons Hype Analysis, Worley Parsons Volatility, Worley Parsons History as well as Worley Parsons Performance. Please specify Worley Parsons time horizon, a valid symbol (red box) and a target price (blue box) you would like Worley Parsons odds to be computed.

Worley Parsons Target Price Odds to finish over 10.00

The tendency of Worley OTC 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 above the current price in 90 days
 10.00 90 days 10.00 
about 10.78
Based on a normal probability distribution, the odds of Worley Parsons to move above the current price in 90 days from now is about 10.78 (This Worley Parsons ADR probability density function shows the probability of Worley OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Worley Parsons ADR has a beta of -0.0407. This entails as returns on benchmark increase, returns on holding Worley Parsons are expected to decrease at a much lower rate. During the bear market, however, Worley Parsons ADR is likely to outperform the market. Additionally The company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Worley Parsons ADR is significantly underperforming DOW.
   Worley Parsons Price Density   
       Price  

Predictive Modules for Worley Parsons

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Worley Parsons ADR. 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 Worley Parsons' 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 Worley Parsons in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
7.179.7412.31
Details
Intrinsic
Valuation
LowReal ValueHigh
5.367.9310.50
Details
Naive
Forecast
LowNext ValueHigh
6.909.4712.05
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.679.4510.23
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Worley Parsons. Your research has to be compared to or analyzed against Worley Parsons' peers to derive any actionable benefits. When done correctly, Worley Parsons' 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 Worley Parsons ADR.

Worley Parsons Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Worley Parsons is not an exception. The market had few large corrections towards the Worley Parsons' 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 Worley Parsons ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Worley Parsons within the framework of very fundamental risk indicators.
α
Alpha over DOW
-0.08
β
Beta against DOW-0.04
σ
Overall volatility
0.63
Ir
Information ratio -0.06

Worley Parsons 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 Worley Parsons for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Worley Parsons ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Worley Parsons ADR has high likelihood to experience some financial distress in the next 2 years
On 13th of October 2022 Worley Parsons paid $ 0.1723 per share dividend to its current shareholders

Worley Parsons 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 Worley OTC Stock often depends not only on the future outlook of the current and potential Worley Parsons' 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. Worley Parsons' indicators that are reflective of the short sentiment are summarized in the table below.
Trailing Annual Dividend Rate0.50
Float Shares364.17M
Average Daily Volume Last 10 Day410
Average Daily Volume In Three Month996
Trailing Annual Dividend Yield5.13%

Worley Parsons Technical Analysis

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

Worley Parsons Predictive Forecast Models

Worley Parsons time-series forecasting models is one of many Worley Parsons' otc 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 Worley Parsons' 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 otc stock market movement and maximize returns from investment trading.

Things to note about Worley Parsons ADR

Checking the ongoing alerts about Worley Parsons for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Worley Parsons ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Worley Parsons ADR has high likelihood to experience some financial distress in the next 2 years
On 13th of October 2022 Worley Parsons paid $ 0.1723 per share dividend to its current shareholders
Check out Worley Parsons Backtesting, Worley Parsons Valuation, Worley Parsons Correlation, Worley Parsons Hype Analysis, Worley Parsons Volatility, Worley Parsons History as well as Worley Parsons Performance. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for analysis

When running Worley Parsons ADR price analysis, check to measure Worley Parsons' 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 Worley Parsons is operating at the current time. Most of Worley Parsons' value examination focuses on studying past and present price action to predict the probability of Worley Parsons' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Worley Parsons' price. Additionally, you may evaluate how the addition of Worley Parsons to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Worley Parsons' value and its price as these two are different measures arrived at by different means. Investors typically determine Worley Parsons value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Worley Parsons' 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.