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#10) W (WTI) Forecast Chart for Aug 26, 2019*
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August 23, 2019 (RicochetTrader.com)

Forecast chart for W ( WTI ) for the next 15 trading days, starting on August 26, 2019

On August 23, 2019 W had a closing price of $4.06 with 3,373,800 shares traded. The trading liquidity was $13.70M. The forecast predicted average opening price for trading date August 26, 2019 is $4.08.

Summary Information for W ( WTI ).

Summary of the 10th percentile net composite return.
The best expected daily return of -0.8117% occurs on day 2 where there is a 10% chance that WTI will rise to $4.39 (+7.63%) and there is a 10% chance it will fall to $3.70 (-9.26%). There is a 20% that WTI will cross one of these price levels in 2 days, and adding the returns of +7.63% and -9.26% yields a net composite return of -1.63%. A net return of -1.63% in 2 days is an EDR of -0.8117% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of -1.0099% occurs on day 2 where there is a 20% chance that WTI will rise to $4.28 (+4.99%) and there is a 20% chance it will fall to $3.79 (-7.02%). There is a 40% that WTI will cross one of these price levels in 2 days, and adding the returns of +4.99% and -7.02% yields a net composite return of -2.03%. A net return of -2.03% in 2 days is an EDR of -1.0099% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of -0.6578% occurs on day 2 where there is a 30% chance that WTI will rise to $4.24 (+3.88%) and there is a 30% chance it will fall to $3.87 (-5.20%). There is a 60% that WTI will cross one of these price levels in 2 days, and adding the returns of +3.88% and -5.20% yields a net composite return of -1.32%. A net return of -1.32% in 2 days is an EDR of -0.6578% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of -0.5996% occurs on day 4 where there is a 40% chance that WTI will rise to $4.19 (+2.67%) and there is a 40% chance it will fall to $3.87 (-5.09%). There is a 80% that WTI will cross one of these price levels in 4 days, and adding the returns of +2.67% and -5.09% yields a net composite return of -2.42%. A net return of -2.42% in 4 days is an EDR of -0.5996% per day.

* The forecast for W (WTI) was made using market data after the close on August 23, 2019 but is generated for the next trading day, or August 26, 2019