Woori Financial Group Stock Technical Analysis

WF Stock  USD 32.43  1.03  3.08%   
As of the 29th of March, Woori Financial maintains the Market Risk Adjusted Performance of 0.1461, downside deviation of 2.44, and Mean Deviation of 1.5. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Woori Financial Group, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Woori Financial Group, which can be compared to its rivals. Please check out Woori Financial Group information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Woori Financial Group is priced fairly, providing market reflects its latest price of 32.43 per share. Given that Woori Financial Group has jensen alpha of 0.0142, we strongly advise you to confirm Woori Financial Group's prevalent market performance to make sure the company can sustain itself at a future point.

Woori Financial Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Woori, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Woori
  
Woori Financial's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Woori Financial Analyst Consensus

Target PriceAdvice# of Analysts
27.69Strong Buy1Odds
Woori Financial Group current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Woori 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 Woori stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Woori Financial Group, talking to its executives and customers, or listening to Woori conference calls.
Woori Analyst Advice Details
Woori Financial 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.
A focus of Woori Financial technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Woori Financial trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Woori Financial Group Technical Analysis

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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 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 Woori Financial Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Woori Financial Group Trend Analysis

Use this graph to draw trend lines for Woori Financial Group. You can use it to identify possible trend reversals for Woori Financial 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 Woori Financial price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Woori Financial Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Woori Financial Group applied against its price change over selected period. The best fit line has a slop of   0.15  , which suggests that Woori Financial Group will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 815.35, which is the sum of squared deviations for the predicted Woori Financial price change compared to its average price change.

About Woori Financial 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 Woori Financial Group 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 Woori Financial Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Woori Financial Group price pattern first instead of the macroeconomic environment surrounding Woori Financial Group. By analyzing Woori Financial'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 Woori Financial'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 Woori Financial specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Price To Sales Ratio0.960.741.171.6
Price Earnings Ratio3.632.6512.111.34

Woori Financial March 29, 2024 Technical Indicators

Most technical analysis of Woori 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 Woori from various momentum indicators to cycle indicators. When you analyze Woori 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.

Woori Financial March 29, 2024 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 Woori 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.
When determining whether Woori Financial Group is a strong investment it is important to analyze Woori Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Woori Financial's future performance. For an informed investment choice regarding Woori Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Woori Financial Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the Woori Financial Group information on this page should be used as a complementary analysis to other Woori Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Woori Stock analysis

When running Woori Financial's price analysis, check to measure Woori Financial'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 Woori Financial is operating at the current time. Most of Woori Financial's value examination focuses on studying past and present price action to predict the probability of Woori Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woori Financial's price. Additionally, you may evaluate how the addition of Woori Financial to your portfolios can decrease your overall portfolio volatility.
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Is Woori Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Woori Financial. If investors know Woori will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Woori Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.93)
Dividend Share
1000
Earnings Share
8.7
Revenue Per Share
38.8 K
Quarterly Revenue Growth
(0.26)
The market value of Woori Financial Group is measured differently than its book value, which is the value of Woori that is recorded on the company's balance sheet. Investors also form their own opinion of Woori Financial's value that differs from its market value or its book value, called intrinsic value, which is Woori Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Woori Financial's market value can be influenced by many factors that don't directly affect Woori Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Woori Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Woori Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Woori Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.