Worksport Stock Technical Analysis
| WKSP Stock | USD 1.84 0.12 6.12% |
As of the 30th of January, Worksport maintains the Market Risk Adjusted Performance of (0.30), standard deviation of 5.2, and Mean Deviation of 4.18. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Worksport, as well as the relationship between them.
Worksport Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Worksport, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WorksportWorksport | Build AI portfolio with Worksport Stock |
Worksport Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 8.25 | Strong Buy | 3 | Odds |
Most Worksport analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Worksport stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Worksport, talking to its executives and customers, or listening to Worksport conference calls.
Can Automotive Parts & Equipment industry sustain growth momentum? Does Worksport have expansion opportunities? Factors like these will boost the valuation of Worksport. Anticipated expansion of Worksport directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Worksport demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share (3.64) | Revenue Per Share | Quarterly Revenue Growth 0.606 | Return On Assets | Return On Equity |
Investors evaluate Worksport using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Worksport's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause Worksport's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Worksport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Worksport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Worksport's market price signifies the transaction level at which participants voluntarily complete trades.
Worksport 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Worksport's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Worksport.
| 11/01/2025 |
| 01/30/2026 |
If you would invest 0.00 in Worksport on November 1, 2025 and sell it all today you would earn a total of 0.00 from holding Worksport or generate 0.0% return on investment in Worksport over 90 days. Worksport is related to or competes with Kaixin Auto, Jiuzi Holdings, Rent The, Lulus Fashion, Perfect Moment, Premium Catering, and Linkage Global. Worksport Ltd., through its subsidiary, designs, manufactures, and distributes truck tonneau covers in Canada and the Un... More
Worksport Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Worksport's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Worksport upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 21.89 | |||
| Value At Risk | (9.03) | |||
| Potential Upside | 6.67 |
Worksport Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Worksport's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Worksport's standard deviation. In reality, there are many statistical measures that can use Worksport historical prices to predict the future Worksport's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.93) | |||
| Total Risk Alpha | (1.17) | |||
| Treynor Ratio | (0.31) |
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 January 30, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | (0.30) | |||
| Mean Deviation | 4.18 | |||
| Coefficient Of Variation | (658.75) | |||
| Standard Deviation | 5.2 | |||
| Variance | 27.09 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.93) | |||
| Total Risk Alpha | (1.17) | |||
| Treynor Ratio | (0.31) | |||
| Maximum Drawdown | 21.89 | |||
| Value At Risk | (9.03) | |||
| Potential Upside | 6.67 | |||
| Skewness | (0.21) | |||
| Kurtosis | (0.02) |
Worksport Backtested Returns
Worksport 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. Worksport exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Worksport's Mean Deviation of 4.18, market risk adjusted performance of (0.30), and Standard Deviation of 5.2 to validate the risk estimate we provide. The firm maintains a market beta of 2.56, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Worksport will likely underperform. At this point, Worksport has a negative expected return of -0.7%. Please make sure to check out Worksport's treynor ratio and day typical price , to decide if Worksport performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.03 |
Very weak reverse predictability
Worksport has very weak reverse predictability. Overlapping area represents the amount of predictability between Worksport time series from 1st of November 2025 to 16th of December 2025 and 16th of December 2025 to 30th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Worksport price movement. The serial correlation of -0.03 indicates that only 3.0% of current Worksport price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Worksport 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.
Worksport Technical Analysis
Indicator |
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Worksport volatility developed by Welles Wilder.
About Worksport Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Worksport on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Worksport based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Worksport price pattern first instead of the macroeconomic environment surrounding Worksport. By analyzing Worksport's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Worksport's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Worksport specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 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 |
Worksport January 30, 2026 Technical Indicators
Most technical analysis of Worksport 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 Worksport from various momentum indicators to cycle indicators. When you analyze Worksport charts, please remember that the event formation may indicate an entry point for a short seller, and look at different 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 |
| Risk Adjusted Performance | (0.10) | |||
| Market Risk Adjusted Performance | (0.30) | |||
| Mean Deviation | 4.18 | |||
| Coefficient Of Variation | (658.75) | |||
| Standard Deviation | 5.2 | |||
| Variance | 27.09 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.93) | |||
| Total Risk Alpha | (1.17) | |||
| Treynor Ratio | (0.31) | |||
| Maximum Drawdown | 21.89 | |||
| Value At Risk | (9.03) | |||
| Potential Upside | 6.67 | |||
| Skewness | (0.21) | |||
| Kurtosis | (0.02) |
Worksport January 30, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Worksport stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 0.94 | ||
| Day Median Price | 1.84 | ||
| Day Typical Price | 1.84 | ||
| Price Action Indicator | (0.06) |
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.