Worthington Industries Stock Forward View
| WOR Stock | USD 57.82 1.00 1.76% |
Worthington Stock outlook is based on your current time horizon. Although Worthington Industries' naive historical forecasting may sometimes provide an important future outlook for the firm, we suggest always cross-verifying it against solid analysis of Worthington Industries' systematic risk associated with finding meaningful patterns of Worthington Industries fundamentals over time.
The relative strength momentum indicator of Worthington Industries' stock price is slightly above 61. This entails that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Worthington, making its price go up or down. Momentum 61
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth (0.02) | EPS Estimate Current Year 3.474 | EPS Estimate Next Year 3.948 | Wall Street Target Price 67.2 | EPS Estimate Current Quarter 0.704 |
Using Worthington Industries hype-based prediction, you can estimate the value of Worthington Industries from the perspective of Worthington Industries response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Worthington Industries using Worthington Industries' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Worthington using crowd psychology based on the activity and movement of Worthington Industries' stock price.
Worthington Industries Short Interest
An investor who is long Worthington Industries may also wish to track short interest. As short interest increases, investors should be becoming more worried about Worthington Industries and may potentially protect profits, hedge Worthington Industries with its derivative instruments, or be ready for some potential downside.
200 Day MA 58.0131 | Short Percent 0.0244 | Short Ratio 3.24 | Shares Short Prior Month 708.8 K | 50 Day MA 54.0956 |
Worthington Relative Strength Index
The Naive Prediction forecasted value of Worthington Industries on the next trading day is expected to be 56.90 with a mean absolute deviation of 0.91 and the sum of the absolute errors of 55.69.Worthington Industries Hype to Price Pattern
Investor biases related to Worthington Industries' public news can be used to forecast risks associated with an investment in Worthington. The trend in average sentiment can be used to explain how an investor holding Worthington can time the market purely based on public headlines and social activities around Worthington Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Worthington Industries' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Worthington Industries.
Worthington Industries Implied Volatility | 0.47 |
Worthington Industries' implied volatility exposes the market's sentiment of Worthington Industries stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Worthington Industries' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Worthington Industries stock will not fluctuate a lot when Worthington Industries' options are near their expiration.
The Naive Prediction forecasted value of Worthington Industries on the next trading day is expected to be 56.90 with a mean absolute deviation of 0.91 and the sum of the absolute errors of 55.69. Worthington Industries after-hype prediction price | USD 56.86 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
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Prediction based on Rule 16 of the current Worthington contract
Based on the Rule 16, the options market is currently suggesting that Worthington Industries will have an average daily up or down price movement of about 0.0294% per day over the life of the 2026-04-17 option contract. With Worthington Industries trading at USD 57.82, that is roughly USD 0.017 . If you think that the market is fully incorporating Worthington Industries' daily price movement you should consider acquiring Worthington Industries options at the current volatility level of 0.47%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-04-17 Worthington Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Worthington Industries' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Worthington Industries' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Worthington Industries stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Worthington Industries' open interest, investors have to compare it to Worthington Industries' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Worthington Industries is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Worthington. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Worthington Industries Additional Predictive Modules
Most predictive techniques to examine Worthington price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Worthington using various technical indicators. When you analyze Worthington charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Worthington Industries Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Worthington Industries' financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 1986-05-31 | Previous Quarter 167.1 M | Current Value 180.3 M | Quarterly Volatility 128.2 M |
Worthington Industries Naive Prediction Price Forecast For the 5th of February
Given 90 days horizon, the Naive Prediction forecasted value of Worthington Industries on the next trading day is expected to be 56.90 with a mean absolute deviation of 0.91, mean absolute percentage error of 1.26, and the sum of the absolute errors of 55.69.Please note that although there have been many attempts to predict Worthington Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Worthington Industries' next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Worthington Industries Stock Forecast Pattern
| Backtest Worthington Industries | Worthington Industries Price Prediction | Research Analysis |
Worthington Industries Forecasted Value
In the context of forecasting Worthington Industries' Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Worthington Industries' downside and upside margins for the forecasting period are 55.34 and 58.46, respectively. We have considered Worthington Industries' daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Worthington Industries stock data series using in forecasting. Note that when a statistical model is used to represent Worthington Industries stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 118.3419 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.913 |
| MAPE | Mean absolute percentage error | 0.0168 |
| SAE | Sum of the absolute errors | 55.6937 |
Predictive Modules for Worthington Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Worthington Industries. Regardless of method or technology, however, to accurately forecast the stock 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.Worthington Industries After-Hype Price Density Analysis
As far as predicting the price of Worthington Industries at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Worthington Industries or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Worthington Industries, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Worthington Industries Estimiated After-Hype Price Volatility
In the context of predicting Worthington Industries' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Worthington Industries' historical news coverage. Worthington Industries' after-hype downside and upside margins for the prediction period are 55.30 and 58.42, respectively. We have considered Worthington Industries' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Worthington Industries is very steady at this time. Analysis and calculation of next after-hype price of Worthington Industries is based on 3 months time horizon.
Worthington Industries Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Worthington Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Worthington Industries backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Worthington Industries, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.07 | 1.56 | 0.04 | 0.02 | 10 Events / Month | 6 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
57.82 | 56.86 | 0.07 |
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Worthington Industries Hype Timeline
On the 4th of February Worthington Industries is traded for 57.82. The entity has historical hype elasticity of 0.04, and average elasticity to hype of competition of -0.02. Worthington is estimated to increase in value after the next headline, with the price projected to jump to 56.86 or above. The average volatility of media hype impact on the company the price is over 100%. The price gain on the next news is projected to be 0.07%, whereas the daily expected return is at this time at 0.07%. The volatility of related hype on Worthington Industries is about 644.63%, with the expected price after the next announcement by competition of 57.80. The company reported the last year's revenue of 1.15 B. Total Income to common stockholders was 96.05 M with profit before taxes, overhead, and interest of 349.39 M. Considering the 90-day investment horizon the next estimated press release will be in about 10 days. Check out Historical Fundamental Analysis of Worthington Industries to cross-verify your projections.Worthington Industries Related Hype Analysis
Having access to credible news sources related to Worthington Industries' direct competition is more important than ever and may enhance your ability to predict Worthington Industries' future price movements. Getting to know how Worthington Industries' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Worthington Industries may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AZZ | AZZ Incorporated | 0.32 | 9 per month | 0.95 | 0.19 | 3.39 | (1.98) | 8.55 | |
| AMSC | American Superconductor | (0.22) | 11 per month | 0.00 | (0.16) | 5.34 | (6.95) | 44.05 | |
| POWW | Ammo Inc | 0.02 | 8 per month | 2.84 | 0.05 | 5.59 | (4.71) | 14.96 | |
| SXI | Standex International | (1.44) | 39 per month | 2.06 | (0) | 3.21 | (2.82) | 12.69 | |
| MGRC | McGrath RentCorp | (0.59) | 6 per month | 1.61 | 0.02 | 3.75 | (2.02) | 10.26 | |
| ABM | ABM Industries Incorporated | 0.91 | 10 per month | 2.40 | 0.03 | 2.57 | (3.05) | 15.37 | |
| HURN | Huron Consulting Group | (3.74) | 7 per month | 0.00 | (0.05) | 2.31 | (2.48) | 8.35 | |
| AMPX | Amprius Technologies | 0.93 | 10 per month | 5.65 | 0.06 | 11.63 | (8.39) | 29.24 | |
| CMPO | CompoSecure | 0.1 | 10 per month | 2.42 | 0.12 | 4.73 | (4.26) | 15.13 | |
| UNF | Unifirst | 1.29 | 11 per month | 1.12 | 0.15 | 2.89 | (2.41) | 19.40 |
Other Forecasting Options for Worthington Industries
For every potential investor in Worthington, whether a beginner or expert, Worthington Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Worthington Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Worthington. Basic forecasting techniques help filter out the noise by identifying Worthington Industries' price trends.Worthington Industries 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 Worthington Industries stock to make a market-neutral strategy. Peer analysis of Worthington Industries could also be used in its relative valuation, which is a method of valuing Worthington Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Worthington Industries Market Strength Events
Market strength indicators help investors to evaluate how Worthington Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Worthington Industries shares will generate the highest return on investment. By undertsting and applying Worthington Industries stock market strength indicators, traders can identify Worthington Industries entry and exit signals to maximize returns.
Worthington Industries Risk Indicators
The analysis of Worthington Industries' 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 Worthington Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting worthington 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 | 1.14 | |||
| Semi Deviation | 1.54 | |||
| Standard Deviation | 1.56 | |||
| Variance | 2.43 | |||
| Downside Variance | 3.12 | |||
| Semi Variance | 2.37 | |||
| Expected Short fall | (1.11) |
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.
Story Coverage note for Worthington Industries
The number of cover stories for Worthington Industries depends on current market conditions and Worthington Industries' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Worthington Industries is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Worthington Industries' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Worthington Industries Short Properties
Worthington Industries' future price predictability will typically decrease when Worthington Industries' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Worthington Industries often depends not only on the future outlook of the potential Worthington Industries' 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. Worthington Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 50.1 M | |
| Cash And Short Term Investments | 250.1 M |
Additional Tools for Worthington Stock Analysis
When running Worthington Industries' price analysis, check to measure Worthington Industries' 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 Worthington Industries is operating at the current time. Most of Worthington Industries' value examination focuses on studying past and present price action to predict the probability of Worthington Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Industries' price. Additionally, you may evaluate how the addition of Worthington Industries to your portfolios can decrease your overall portfolio volatility.