Wolfspeed Stock Technical Analysis
| WOLF Stock | USD 6.44 0.58 8.26% |
As of the 22nd of November, Wolfspeed maintains the Standard Deviation of 9.13, mean deviation of 6.35, and Market Risk Adjusted Performance of (1.60). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wolfspeed, as well as the relationship between them. Please check out Wolfspeed information ratio and potential upside to decide if Wolfspeed is priced fairly, providing market reflects its latest price of 6.44 per share. Given that Wolfspeed has information ratio of (0.07), we strongly advise you to confirm Wolfspeed's prevalent market performance to make sure the company can sustain itself at a future point.
Wolfspeed Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wolfspeed, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WolfspeedWolfspeed |
Wolfspeed Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 53.53 | Buy | 17 | Odds |
Most Wolfspeed 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 Wolfspeed stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Wolfspeed, talking to its executives and customers, or listening to Wolfspeed conference calls.
Wolfspeed 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.
Wolfspeed Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Wolfspeed volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wolfspeed Trend Analysis
Use this graph to draw trend lines for Wolfspeed. You can use it to identify possible trend reversals for Wolfspeed as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Wolfspeed price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wolfspeed Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wolfspeed applied against its price change over selected period. The best fit line has a slop of 0.04 , which means Wolfspeed will continue generating value for investors. It has 122 observation points and a regression sum of squares at 47.15, which is the sum of squared deviations for the predicted Wolfspeed price change compared to its average price change.About Wolfspeed 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 Wolfspeed 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 Wolfspeed based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wolfspeed price pattern first instead of the macroeconomic environment surrounding Wolfspeed. By analyzing Wolfspeed'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 Wolfspeed'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 Wolfspeed specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2012 | 2018 | 2023 | 2024 (projected) | Days Sales Outstanding | 21.67 | 105.04 | 131.04 | 78.8 | PTB Ratio | 2.16 | 3.9 | 3.21 | 3.11 |
Wolfspeed November 22, 2024 Technical Indicators
Most technical analysis of Wolfspeed 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 Wolfspeed from various momentum indicators to cycle indicators. When you analyze Wolfspeed 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 | (0.04) | |||
| Market Risk Adjusted Performance | (1.60) | |||
| Mean Deviation | 6.35 | |||
| Coefficient Of Variation | (1,585) | |||
| Standard Deviation | 9.13 | |||
| Variance | 83.35 | |||
| Information Ratio | (0.07) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (1.62) | |||
| Treynor Ratio | (1.61) | |||
| Maximum Drawdown | 60.51 | |||
| Value At Risk | (11.56) | |||
| Potential Upside | 16.73 | |||
| Skewness | (0.52) | |||
| Kurtosis | 4.6 |
Complementary Tools for Wolfspeed Stock analysis
When running Wolfspeed's price analysis, check to measure Wolfspeed'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 Wolfspeed is operating at the current time. Most of Wolfspeed's value examination focuses on studying past and present price action to predict the probability of Wolfspeed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolfspeed's price. Additionally, you may evaluate how the addition of Wolfspeed to your portfolios can decrease your overall portfolio volatility.
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