Workhorse Group Stock Price Prediction
| WKHS Stock | USD 0.17 0.01 6.25% |
Oversold Vs Overbought
29
Oversold | Overbought |
Workhorse Group stock price prediction is an act of determining the future value of Workhorse shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Workhorse's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Workhorse and does not consider all of the tangible or intangible factors available from Workhorse's fundamental data. We analyze noise-free headlines and recent hype associated with Workhorse Group, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Workhorse's stock price prediction:Quarterly Earnings Growth 190.435 | EPS Estimate Next Quarter (0.08) | EPS Estimate Current Year (0.35) | EPS Estimate Next Year (0.26) | Wall Street Target Price 0.57 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Workhorse based on different types of headlines from major news networks to social media. The Workhorse stock price prediction module provides an analysis of price elasticity to changes in media outlook on Workhorse over a specific investment horizon. Using Workhorse hype-based prediction, you can estimate the value of Workhorse Group from the perspective of Workhorse response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Workhorse using Workhorse's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Workhorse using crowd psychology based on the activity and movement of Workhorse's stock price.
Workhorse Implied Volatility | 627.15 |
Workhorse's implied volatility exposes the market's sentiment of Workhorse Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Workhorse's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Workhorse stock will not fluctuate a lot when Workhorse's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Workhorse. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Workhorse to buy its stock at a price that has no basis in reality. In that case, they are not buying Workhorse 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.
Workhorse after-hype prediction price | USD 0.17 |
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.
Workhorse |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Workhorse'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.
Workhorse After-Hype Price Prediction Density Analysis
As far as predicting the price of Workhorse 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 Workhorse 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 Workhorse, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Workhorse Estimiated After-Hype Price Volatility
In the context of predicting Workhorse's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Workhorse's historical news coverage. Workhorse's after-hype downside and upside margins for the prediction period are 0.01 and 6.64, respectively. We have considered Workhorse'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
Workhorse is out of control at this time. Analysis and calculation of next after-hype price of Workhorse Group is based on 3 months time horizon.
Workhorse Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Workhorse is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Workhorse 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 Workhorse, 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 |
0.54 | 6.53 | 0.00 | 0.16 | 10 Events / Month | 4 Events / Month | In about 10 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.17 | 0.17 | 0.00 |
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Workhorse Hype Timeline
Workhorse Group is at this time traded for 0.17. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.16. Workhorse is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at -0.54%. %. The volatility of related hype on Workhorse is about 2213.56%, with the expected price after the next announcement by competition of 0.33. About 16.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 0.73. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Workhorse Group recorded a loss per share of 0.6. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 11th of December 2015. Given the investment horizon of 90 days the next forecasted press release will be in about 10 days. Check out Workhorse Basic Forecasting Models to cross-verify your projections.Workhorse Related Hype Analysis
Having access to credible news sources related to Workhorse's direct competition is more important than ever and may enhance your ability to predict Workhorse's future price movements. Getting to know how Workhorse'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 Workhorse may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| F | Ford Motor | 0.57 | 8 per month | 1.63 | 0.09 | 4.88 | (3.30) | 9.61 | |
| GM | General Motors | (0.33) | 9 per month | 0.95 | 0.21 | 3.23 | (2.19) | 11.09 | |
| GT | Goodyear Tire Rubber | 0.17 | 7 per month | 0.00 | (0.12) | 3.15 | (3.47) | 18.11 | |
| LI | Li AutoInc | (0.97) | 10 per month | 0.00 | (0.03) | 8.91 | (7.48) | 32.44 | |
| TM | Toyota Motor | 2.31 | 7 per month | 1.37 | 0.06 | 2.28 | (2.15) | 11.58 | |
| ECDA | ECD Automotive Design | 0.02 | 7 per month | 6.35 | 0.06 | 12.77 | (10.83) | 38.80 |
Workhorse Additional Predictive Modules
Most predictive techniques to examine Workhorse price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Workhorse using various technical 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Workhorse Predictive Indicators
The successful prediction of Workhorse 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 Workhorse Group, 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 Workhorse based on analysis of Workhorse hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Workhorse's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Workhorse's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 16.88 | 3.17 | 3.08 | 2.58 | Days Of Inventory On Hand | 27.73 | 85.75 | 432.17 | 253.89 |
Story Coverage note for Workhorse
The number of cover stories for Workhorse depends on current market conditions and Workhorse's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Workhorse is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Workhorse's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Workhorse Short Properties
Workhorse's future price predictability will typically decrease when Workhorse's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Workhorse Group often depends not only on the future outlook of the potential Workhorse's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Workhorse's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 207.3 M | |
| Cash And Short Term Investments | 35.8 M |
Check out Workhorse Basic Forecasting Models to cross-verify your projections. Note that the Workhorse Group information on this page should be used as a complementary analysis to other Workhorse'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary 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.
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Is Workhorse'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 Workhorse. If investors know Workhorse 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 Workhorse 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 190.435 | Earnings Share (0.60) | Revenue Per Share 0.063 | Quarterly Revenue Growth 0.278 | Return On Assets (0.40) |
The market value of Workhorse Group is measured differently than its book value, which is the value of Workhorse that is recorded on the company's balance sheet. Investors also form their own opinion of Workhorse's value that differs from its market value or its book value, called intrinsic value, which is Workhorse'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 Workhorse's market value can be influenced by many factors that don't directly affect Workhorse'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 Workhorse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workhorse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workhorse'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.