Workhorse Group Stock Price on November 26, 2024
| WKHS Stock | USD 1.08 0.01 0.93% |
Below is the normalized historical share price chart for Workhorse Group extending back to June 02, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Workhorse stands at 1.08, as last reported on the 29th of November, with the highest price reaching 1.11 and the lowest price hitting 1.00 during the day.
If you're considering investing in Workhorse Stock, it is important to understand the factors that can impact its price. Workhorse is abnormally volatile given 3 months investment horizon. Workhorse Group shows Sharpe Ratio of 0.13, which attests that the company had a 0.13% return per unit of risk over the last 3 months. We have analyze and collected data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.31% are justified by taking the suggested risk. Use Workhorse Group Mean Deviation of 6.78, market risk adjusted performance of 0.2372, and Downside Deviation of 7.16 to evaluate company specific risk that cannot be diversified away.
At this time, Workhorse's Other Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 200 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 9.8 M in 2024. . Price To Sales Ratio is likely to drop to 5.41 in 2024. Price Earnings Ratio is likely to drop to -0.63 in 2024. Workhorse Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of August 2014 | 200 Day MA 2.5193 | 50 Day MA 0.8931 | Beta 2.552 |
Workhorse |
Sharpe Ratio = 0.1302
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Estimated Market Risk
| 10.09 actual daily | 89 89% of assets are less volatile |
Expected Return
| 1.31 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Workhorse is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Workhorse by adding it to a well-diversified portfolio.
Price Book 0.9279 | Enterprise Value Ebitda (0.62) | Price Sales 4.5599 | Shares Float 20.8 M | Wall Street Target Price 4.0833 |
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Workhorse Valuation on November 26, 2024
It is possible to determine the worth of Workhorse on a given historical date. On November 26, 2024 Workhorse was worth 1.15 at the beginning of the trading date compared to the closed value of 1.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Workhorse stock. Still, in general, we apply an absolute valuation method to find Workhorse's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Workhorse where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Workhorse's related companies.
| Open | High | Low | Close | Volume | |
| 1.11 | 1.25 | 1.09 | 1.15 | 3,654,271 | |
11/26/2024 | 1.15 | 1.18 | 1.04 | 1.07 | 2,514,256 |
| 1.09 | 1.13 | 1.05 | 1.07 | 1,476,500 |
| Backtest Workhorse | | | Workhorse History | | | Workhorse Valuation | Previous | Next |
Workhorse Trading Date Momentum on November 26, 2024
| On November 27 2024 Workhorse Group was traded for 1.07 at the closing time. The top price for the day was 1.13 and the lowest listed price was 1.05 . The trading volume for the day was 1.5 M. The trading history from November 27, 2024 had no short-term effect on price fluctuation. The trading price change against the current closing price is 1.87% . |
Workhorse Group Fundamentals Correlations and Trends
By evaluating Workhorse's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Workhorse's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Workhorse financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Workhorse Stock history
Workhorse investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Workhorse is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Workhorse Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Workhorse stock prices may prove useful in developing a viable investing in Workhorse
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10.4 M | 9.8 M | |
| Net Loss | -105.5 M | -100.3 M |
Workhorse Stock Technical Analysis
Workhorse technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Workhorse Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Workhorse November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Workhorse stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Workhorse shares will generate the highest return on investment. By undertsting and applying Workhorse stock market strength indicators, traders can identify Workhorse Group entry and exit signals to maximize returns
Workhorse Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Workhorse's price direction in advance. Along with the technical and fundamental analysis of Workhorse Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Workhorse to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0794 | |||
| Jensen Alpha | 0.4499 | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | 0.1116 | |||
| Treynor Ratio | 0.2272 |
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Additional Tools for Workhorse Stock Analysis
When running Workhorse's price analysis, check to measure Workhorse'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 Workhorse is operating at the current time. Most of Workhorse's value examination focuses on studying past and present price action to predict the probability of Workhorse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workhorse's price. Additionally, you may evaluate how the addition of Workhorse to your portfolios can decrease your overall portfolio volatility.