Worksport Price Fair Value from 2010 to 2024

WKSP Stock  USD 0.61  0.03  4.69%   
Worksport Price Fair Value yearly trend continues to be relatively stable with very little volatility. Price Fair Value is likely to drop to 1.38. During the period from 2010 to 2024, Worksport Price Fair Value destribution of quarterly values had r-value of (0.31) from its regression line and median of  0.70. View All Fundamentals
 
Price Fair Value  
First Reported
2010-12-31
Previous Quarter
1.44995103
Current Value
1.38
Quarterly Volatility
48.4 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Worksport financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Worksport's main balance sheet or income statement drivers, such as Interest Expense of 647 K, Selling General Administrative of 14.2 M or Other Operating Expenses of 17.1 M, as well as many indicators such as Price To Sales Ratio of 21.16, Dividend Yield of 0.0 or PTB Ratio of 1.38. Worksport financial statements analysis is a perfect complement when working with Worksport Valuation or Volatility modules.
  
Check out the analysis of Worksport Correlation against competitors.
To learn how to invest in Worksport Stock, please use our How to Invest in Worksport guide.

Latest Worksport's Price Fair Value Growth Pattern

Below is the plot of the Price Fair Value of Worksport over the last few years. It is Worksport's Price Fair Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Worksport's overall financial position and show how it may be relating to other accounts over time.
Price Fair Value10 Years Trend
Slightly volatile
   Price Fair Value   
       Timeline  

Worksport Price Fair Value Regression Statistics

Arithmetic Mean12,371
Coefficient Of Variation391.62
Mean Deviation23,349
Median0.70
Standard Deviation48,447
Sample Variance2.3B
Range189K
R-Value(0.31)
Mean Square Error2.3B
R-Squared0.09
Significance0.27
Slope(3,306)
Total Sum of Squares32.9B

Worksport Price Fair Value History

2024 1.38
2023 1.45
2022 0.7
2021 0.81
2020 47.76
2019 -2.29
2018 -14.99

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as Price Fair Value, to determine how well the company is positioned to perform in the future. Although Worksport investors may analyze each financial statement separately, they are all interrelated. The changes in Worksport's assets and liabilities, for example, are also reflected in the revenues and expenses on on Worksport's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price Fair Value 1.45  1.38 

Additional Tools for Worksport Stock Analysis

When running Worksport's price analysis, check to measure Worksport'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 Worksport is operating at the current time. Most of Worksport's value examination focuses on studying past and present price action to predict the probability of Worksport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worksport's price. Additionally, you may evaluate how the addition of Worksport to your portfolios can decrease your overall portfolio volatility.