Worksport Stock Forecast - Market Facilitation Index
| WKSP Stock | USD 0.60 0.01 1.69% |
Worksport Stock Forecast is based on your current time horizon. Although Worksport's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Worksport's systematic risk associated with finding meaningful patterns of Worksport fundamentals over time.
Worksport |
| Check Worksport Volatility | Backtest Worksport | Information Ratio |
Worksport Trading Date Momentum
| On November 29 2024 Worksport was traded for 0.60 at the closing time. The top price for the day was 0.62 and the lowest listed price was 0.57 . The trading volume for the day was 312 K. The trading history from November 29, 2024 had no short-term effect on price fluctuation. The trading price change against the current closing price is 3.33% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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Other Forecasting Options for Worksport
For every potential investor in Worksport, whether a beginner or expert, Worksport's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Worksport Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Worksport. Basic forecasting techniques help filter out the noise by identifying Worksport's price trends.Worksport Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Worksport stock to make a market-neutral strategy. Peer analysis of Worksport could also be used in its relative valuation, which is a method of valuing Worksport by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Worksport Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Worksport's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Worksport's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Worksport Market Strength Events
Market strength indicators help investors to evaluate how Worksport stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Worksport shares will generate the highest return on investment. By undertsting and applying Worksport stock market strength indicators, traders can identify Worksport entry and exit signals to maximize returns.
Worksport Risk Indicators
The analysis of Worksport's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Worksport's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting worksport stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 5.33 | |||
| Semi Deviation | 5.4 | |||
| Standard Deviation | 7.44 | |||
| Variance | 55.35 | |||
| Downside Variance | 38.65 | |||
| Semi Variance | 29.18 | |||
| Expected Short fall | (7.91) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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.