World Acceptance Stock Forecast - Rate Of Daily Change

WRLD Stock  USD 119.10  1.53  1.30%   
World Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast World Acceptance stock prices and determine the direction of World Acceptance's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of World Acceptance's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, World Acceptance's Receivables Turnover is projected to increase significantly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 5,878, whereas Inventory Turnover is projected to grow to (0.0003). . As of November 22, 2024, Common Stock Shares Outstanding is expected to decline to about 5.6 M. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 23.2 M.
On November 22, 2024 World Acceptance had Rate Of Daily Change of 1.01. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of World Acceptance.
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World Acceptance Trading Date Momentum

On November 22 2024 World Acceptance was traded for  119.10  at the closing time. The top price for the day was 119.43  and the lowest listed price was  117.37 . The trading volume for the day was 17.1 K. The trading history from November 22, 2024 had no short-term effect on price fluctuation. The trading price change against the current closing price is 0.60% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for World Acceptance

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

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

World Acceptance 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 World Acceptance'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 World Acceptance's current price.

World Acceptance Market Strength Events

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

World Acceptance Risk Indicators

The analysis of World Acceptance'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 World Acceptance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting world 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 World Acceptance is a strong investment it is important to analyze World Acceptance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact World Acceptance's future performance. For an informed investment choice regarding World Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of World Acceptance to cross-verify your projections.
For information on how to trade World Stock refer to our How to Trade World 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 Consumer Finance 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 World Acceptance. If investors know World 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 World Acceptance 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
0.472
Earnings Share
14.63
Revenue Per Share
99.637
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0873
The market value of World Acceptance is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Acceptance's value that differs from its market value or its book value, called intrinsic value, which is World Acceptance'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 World Acceptance's market value can be influenced by many factors that don't directly affect World Acceptance'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 World Acceptance's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Acceptance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Acceptance'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.