Wabash National Stock Forecast - Period Momentum Indicator

WNC Stock  USD 18.91  0.47  2.55%   
Wabash Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Wabash National stock prices and determine the direction of Wabash National's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Wabash National's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Wabash National's Asset Turnover is projected to slightly decrease based on the last few years of reporting. . The current year's Net Income Applicable To Common Shares is expected to grow to about 106.1 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 42.5 M.
On November 20, 2024 Wabash National had Period Momentum Indicator of 0.47. Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.
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Wabash National Trading Date Momentum

On November 21 2024 Wabash National was traded for  18.91  at the closing time. Highest Wabash National's price during the trading hours was 19.01  and the lowest price during the day was  18.45 . The net volume was 323.1 K. The overall trading history on the 21st of November contributed to the next trading period price growth. The trading price change to the next next day price was 2.55% . The trading price change to current price is 0.49% .
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
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Other Forecasting Options for Wabash National

For every potential investor in Wabash, whether a beginner or expert, Wabash National's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wabash Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wabash. Basic forecasting techniques help filter out the noise by identifying Wabash National's price trends.

Wabash National 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 Wabash National stock to make a market-neutral strategy. Peer analysis of Wabash National could also be used in its relative valuation, which is a method of valuing Wabash National by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Wabash National 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 Wabash National'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 Wabash National's current price.

Wabash National Market Strength Events

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

Wabash National Risk Indicators

The analysis of Wabash National'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 Wabash National's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wabash 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.
When determining whether Wabash National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wabash National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wabash National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wabash National Stock:
Check out Historical Fundamental Analysis of Wabash National to cross-verify your projections.
For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wabash National. If investors know Wabash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wabash National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.58)
Dividend Share
0.32
Earnings Share
(5.26)
Revenue Per Share
47.238
Quarterly Revenue Growth
(0.27)
The market value of Wabash National is measured differently than its book value, which is the value of Wabash that is recorded on the company's balance sheet. Investors also form their own opinion of Wabash National's value that differs from its market value or its book value, called intrinsic value, which is Wabash National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wabash National's market value can be influenced by many factors that don't directly affect Wabash National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wabash National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wabash National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wabash National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.