Workhorse Group Stock Statistic Functions Linear Regression Angle

WKHS Stock  USD 1.04  0.03  2.80%   
Workhorse statistic functions tool provides the execution environment for running the Linear Regression Angle function and other technical functions against Workhorse. Workhorse value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression Angle function function is designed to identify and follow existing trends. Workhorse statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Linear Regression Angle indicator plots the angel of the trend line for each Workhorse Group data point.

Workhorse Technical Analysis Modules

Most technical analysis of Workhorse help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Workhorse from various momentum indicators to cycle indicators. When you analyze Workhorse 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.

About Workhorse Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Workhorse Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Workhorse Group based on widely used predictive technical indicators. In general, we focus on analyzing Workhorse Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Workhorse's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Workhorse's intrinsic value. In addition to deriving basic predictive indicators for Workhorse, we also check how macroeconomic factors affect Workhorse price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2023 2024 (projected)
Payables Turnover16.883.082.66
Days Of Inventory On Hand27.73432.17253.89
Hype
Prediction
LowEstimatedHigh
0.051.0711.24
Details
Intrinsic
Valuation
LowRealHigh
0.050.9411.11
Details
Naive
Forecast
LowNextHigh
0.020.8911.06
Details
4 Analysts
Consensus
LowTargetHigh
2.122.332.59
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Workhorse. Your research has to be compared to or analyzed against Workhorse's peers to derive any actionable benefits. When done correctly, Workhorse's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Workhorse Group.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Workhorse in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Workhorse's short interest history, or implied volatility extrapolated from Workhorse options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Business Services Idea
Business Services
Invested few shares
Momentum Idea
Momentum
Invested few shares
SRI Sustainable Growth Idea
SRI Sustainable Growth
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 60 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested over 200 shares
ESG Investing Idea
ESG Investing
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested over 40 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested few shares

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.