Is Wearable Devices Stock a Good Investment?
Wearable Devices Investment Advice | WLDSW |
- Examine Wearable Devices' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Wearable Devices' leadership team and their track record. Good management can help Wearable Devices navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Apparel, Accessories & Luxury Goods space and any emerging trends that could impact Wearable Devices' business and its evolving consumer preferences.
- Compare Wearable Devices' performance and market position to its competitors. Analyze how Wearable Devices is positioned in terms of product offerings, innovation, and market share.
- Check if Wearable Devices pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Wearable Devices' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Wearable Devices stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Wearable Devices is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Moves completely opposite to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Wearable Devices Stock
Researching Wearable Devices' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The company had not issued any dividends in recent years. Wearable Devices had 1:20 split on the 10th of October 2024.
To determine if Wearable Devices is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Wearable Devices' research are outlined below:
| Wearable Devices is way too risky over 90 days horizon | |
| Wearable Devices has some characteristics of a very speculative penny stock | |
| Wearable Devices appears to be risky and price may revert if volatility continues | |
| Wearable Devices has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 82 K. Net Loss for the year was (7.81 M) with profit before overhead, payroll, taxes, and interest of 90 K. | |
| Wearable Devices has accumulated about 1.27 M in cash with (8.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11. | |
| Wearable Devices has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: 5 Stocks That Attracted Strong Retail Activity On Stocktwits Over Past 24 Hours - MSN |
Wearable Devices' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.93) | (0.97) | |
| Return On Capital Employed | (1.62) | (1.70) | |
| Return On Assets | (0.93) | (0.97) | |
| Return On Equity | (1.63) | (1.71) |
Determining Wearable Devices' profitability involves analyzing its financial statements and using various financial metrics to determine if Wearable Devices is a good buy. For example, gross profit margin measures Wearable Devices' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Wearable Devices' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Wearable Devices' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Wearable Devices. Check Wearable Devices' Beneish M Score to see the likelihood of Wearable Devices' management manipulating its earnings.
Evaluate Wearable Devices' management efficiency
The company has return on total asset (ROA) of (0.7083) % which means that it has lost $0.7083 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.7412) %, meaning that it generated substantial loss on money invested by shareholders. Wearable Devices' management efficiency ratios could be used to measure how well Wearable Devices manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.97 in 2025. Return On Capital Employed is likely to drop to -1.7 in 2025. At this time, Wearable Devices' Non Current Assets Total are fairly stable compared to the past year. Other Current Assets is likely to climb to about 914.1 K in 2025, whereas Total Assets are likely to drop slightly above 4.9 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.31 | 0.32 | |
| Tangible Book Value Per Share | 0.31 | 0.32 | |
| Enterprise Value Over EBITDA | (13.53) | (14.21) | |
| Price Book Value Ratio | 19.92 | 36.34 | |
| Enterprise Value Multiple | (13.53) | (14.21) | |
| Price Fair Value | 19.92 | 36.34 | |
| Enterprise Value | 109.9 M | 97.3 M |
Leadership at Wearable Devices emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Beta 2.916 |
Basic technical analysis of Wearable Stock
As of the 31st of January, Wearable Devices maintains the Mean Deviation of 65.93, market risk adjusted performance of (1.73), and Downside Deviation of 19.37. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wearable Devices, as well as the relationship between them. Please check out Wearable Devices mean deviation, information ratio, as well as the relationship between the Information Ratio and downside variance to decide if Wearable Devices is priced fairly, providing market reflects its latest price of 0.23 per share. As Wearable Devices appears to be a penny stock we also urge to confirm its total risk alpha numbers.Understand Wearable Devices' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Wearable Devices' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1166 | |||
| Market Risk Adjusted Performance | (1.73) | |||
| Mean Deviation | 65.93 | |||
| Semi Deviation | 12.67 | |||
| Downside Deviation | 19.37 | |||
| Coefficient Of Variation | 783.43 | |||
| Standard Deviation | 256.07 | |||
| Variance | 65569.54 | |||
| Information Ratio | 0.1273 | |||
| Jensen Alpha | 34.37 | |||
| Total Risk Alpha | 5.11 | |||
| Sortino Ratio | 1.68 | |||
| Treynor Ratio | (1.74) | |||
| Maximum Drawdown | 2119.63 | |||
| Value At Risk | (26.92) | |||
| Potential Upside | 50.0 | |||
| Downside Variance | 375.15 | |||
| Semi Variance | 160.51 | |||
| Expected Short fall | (111.11) | |||
| Skewness | 8.03 | |||
| Kurtosis | 64.99 |
| Risk Adjusted Performance | 0.1166 | |||
| Market Risk Adjusted Performance | (1.73) | |||
| Mean Deviation | 65.93 | |||
| Semi Deviation | 12.67 | |||
| Downside Deviation | 19.37 | |||
| Coefficient Of Variation | 783.43 | |||
| Standard Deviation | 256.07 | |||
| Variance | 65569.54 | |||
| Information Ratio | 0.1273 | |||
| Jensen Alpha | 34.37 | |||
| Total Risk Alpha | 5.11 | |||
| Sortino Ratio | 1.68 | |||
| Treynor Ratio | (1.74) | |||
| Maximum Drawdown | 2119.63 | |||
| Value At Risk | (26.92) | |||
| Potential Upside | 50.0 | |||
| Downside Variance | 375.15 | |||
| Semi Variance | 160.51 | |||
| Expected Short fall | (111.11) | |||
| Skewness | 8.03 | |||
| Kurtosis | 64.99 |
Consider Wearable Devices' intraday indicators
Wearable Devices intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Wearable Devices stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Wearable Devices time-series forecasting models is one of many Wearable Devices' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Wearable Devices' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Wearable Stock media impact
Far too much social signal, news, headlines, and media speculation about Wearable Devices that are available to investors today. That information is available publicly through Wearable media outlets and privately through word of mouth or via Wearable internal channels. However, regardless of the origin, that massive amount of Wearable data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Wearable Devices news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Wearable Devices relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Wearable Devices' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Wearable Devices alpha.
Wearable Devices Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Wearable Devices can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Wearable Devices Corporate Management
| Shmuel Barel | Vice Development | Profile | |
| Masahiro Yamamoto | Gen Operations | Profile | |
| Guy Wagner | Chief CoFounder | Profile | |
| Tamar Fleisher | Chief Officer | Profile | |
| Leeor Langer | CoFounder CTO | Profile | |
| Alon CPA | Chief Officer | Profile | |
| Asher Dahan | Chairman CoFounder | Profile |
Already Invested in Wearable Devices?
The danger of trading Wearable Devices is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wearable Devices is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wearable Devices. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wearable Devices is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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.