Worksport Stock Price Prediction
| WKSP Stock | USD 2.12 0.07 3.20% |
Momentum 46
Impartial
Oversold | Overbought |
EPS Estimate Next Quarter (0.35) | EPS Estimate Current Year (2.78) | EPS Estimate Next Year (1.11) | Wall Street Target Price 8.25 | EPS Estimate Current Quarter (0.62) |
Using Worksport hype-based prediction, you can estimate the value of Worksport from the perspective of Worksport response to recently generated media hype and the effects of current headlines on its competitors.
Worksport Hype to Price Pattern
Investor biases related to Worksport's public news can be used to forecast risks associated with an investment in Worksport. The trend in average sentiment can be used to explain how an investor holding Worksport can time the market purely based on public headlines and social activities around Worksport. 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 Worksport's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Worksport.
The fear of missing out, i.e., FOMO, can cause potential investors in Worksport to buy its stock at a price that has no basis in reality. In that case, they are not buying Worksport because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Worksport after-hype prediction price | USD 2.12 |
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.
Worksport | Build AI portfolio with Worksport Stock |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Worksport's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Worksport After-Hype Price Prediction Density Analysis
As far as predicting the price of Worksport 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 Worksport 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 Worksport, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Worksport Estimiated After-Hype Price Volatility
In the context of predicting Worksport's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Worksport's historical news coverage. Worksport's after-hype downside and upside margins for the prediction period are 0.11 and 7.43, respectively. We have considered Worksport's 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 outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Worksport is dangerous at this time. Analysis and calculation of next after-hype price of Worksport is based on 3 months time horizon.
Worksport Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Worksport is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Worksport 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 Worksport, 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 |
0.63 | 5.31 | 0.11 | 0.70 | 8 Events / Month | 3 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
2.12 | 2.12 | 0.00 |
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Worksport Hype Timeline
Worksport is at this time traded for 2.12. The entity has historical hype elasticity of -0.11, and average elasticity to hype of competition of -0.7. Worksport is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is at this time at -0.63%. %. The volatility of related hype on Worksport is about 479.67%, with the expected price after the next announcement by competition of 1.42. The company has Price to Book (P/B) ratio of 1.09. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Worksport recorded a loss per share of 3.64. The entity last dividend was issued on the 29th of March 2019. The firm had 1:10 split on the 18th of March 2025. Given the investment horizon of 90 days the next projected press release will be in about 8 days. Check out Worksport Basic Forecasting Models to cross-verify your projections.Worksport Related Hype Analysis
Having access to credible news sources related to Worksport's direct competition is more important than ever and may enhance your ability to predict Worksport's future price movements. Getting to know how Worksport's 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 Worksport may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| KXIN | Kaixin Auto Holdings | 0.00 | 0 per month | 17.47 | 0.02 | 26.58 | (30.11) | 89.96 | |
| JZXN | Jiuzi Holdings | 0.00 | 0 per month | 0.00 | (0.30) | 8.38 | (19.15) | 70.16 | |
| RENT | Rent the Runway | (6.70) | 11 per month | 4.43 | 0.14 | 12.98 | (8.16) | 26.69 | |
| LVLU | Lulus Fashion Lounge | (4.20) | 10 per month | 3.85 | 0.23 | 16.77 | (9.04) | 80.70 | |
| PMNT | Perfect Moment | 0.00 | 0 per month | 0.00 | (0.09) | 8.70 | (6.98) | 27.94 | |
| PC | Premium Catering Limited | 0.00 | 11 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| LGCB | Linkage Global Ordinary | 0.00 | 0 per month | 0.00 | (0.03) | 9.84 | (6.83) | 25.01 | |
| EFOI | Energy Focu | (0.17) | 4 per month | 0.00 | (0.04) | 6.09 | (6.22) | 30.39 | |
| PSPX | PSPX | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| BYAH | Park Ha Biological | 0.00 | 0 per month | 0.00 | (0.30) | 6.67 | (7.69) | 24.00 |
Worksport Additional Predictive Modules
Most predictive techniques to examine Worksport price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Worksport using various technical indicators. When you analyze Worksport 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 |
About Worksport Predictive Indicators
The successful prediction of Worksport stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Worksport, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Worksport based on analysis of Worksport hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Worksport's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Worksport's related companies. | 2023 | 2024 | 2025 | 2026 (projected) | Payables Turnover | 1.02 | 4.96 | 5.71 | 5.42 | Days Of Inventory On Hand | 1.0K | 249.96 | 224.96 | 213.71 |
Pair Trading with Worksport
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Worksport position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Worksport will appreciate offsetting losses from the drop in the long position's value.Moving against Worksport Stock
| 0.58 | MNHVF | Mowi ASA | PairCorr |
| 0.52 | AIZ | Assurant | PairCorr |
| 0.49 | KAEPY | Kansai Electric Power Earnings Call This Week | PairCorr |
| 0.44 | FSLY | Fastly Class A | PairCorr |
| 0.38 | PHI | PLDT Inc ADR | PairCorr |
| 0.34 | HLT | Hilton Worldwide Holdings Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Worksport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Worksport when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Worksport - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Worksport to buy it.
The correlation of Worksport is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Worksport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Worksport moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Worksport can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Worksport Stock Analysis
When running Worksport's price analysis, check to measure Worksport'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 Worksport is operating at the current time. Most of Worksport's value examination focuses on studying past and present price action to predict the probability of Worksport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worksport's price. Additionally, you may evaluate how the addition of Worksport to your portfolios can decrease your overall portfolio volatility.