Wearable Devices Stock Forecast - Accumulation Distribution

WLDSW Stock  USD 0.14  0.02  12.50%   
Wearable Stock Forecast is based on your current time horizon.
  
At this time, Wearable Devices' Payables Turnover is fairly stable compared to the past year. Receivables Turnover is likely to climb to 21.60 in 2024, whereas Inventory Turnover is likely to drop 0.06 in 2024. . Common Stock Shares Outstanding is likely to drop to about 769.6 K in 2024.
Wearable Devices has current Accumulation Distribution of 0.12. The accumulation distribution (A/D) indicator shows the degree to which Wearable Devices is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Wearable Devices to determine if accumulation or reduction is taking place in the market. This value is adjusted by Wearable Devices trading volume to give more weight to distributions with higher volume over lower volume.
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Wearable Devices Trading Date Momentum

On November 21 2024 Wearable Devices was traded for  0.14  at the closing time. The highest daily price throughout the period was 0.16  and the lowest price was  0.14 . There was no trading activity during the period 0.0. Lack of trading volume on 11/21/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 14.29% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Wearable Devices 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 Wearable Devices stock to make a market-neutral strategy. Peer analysis of Wearable Devices could also be used in its relative valuation, which is a method of valuing Wearable Devices by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Wearable Devices Market Strength Events

Market strength indicators help investors to evaluate how Wearable Devices stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wearable Devices shares will generate the highest return on investment. By undertsting and applying Wearable Devices stock market strength indicators, traders can identify Wearable Devices entry and exit signals to maximize returns.

Wearable Devices Risk Indicators

The analysis of Wearable Devices' 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 Wearable Devices' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wearable 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.
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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Wearable Stock Analysis

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