Wolverine World Wide Stock Technical Analysis
| WWW Stock | USD 23.17 0.16 0.70% |
As of the 28th of November, Wolverine World maintains the Market Risk Adjusted Performance of 0.9989, downside deviation of 2.01, and Mean Deviation of 2.38. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Wolverine World Wide, as well as the relationship between them. Please check out Wolverine World Wide value at risk, and the relationship between the jensen alpha and semi variance to decide if Wolverine World Wide is priced fairly, providing market reflects its latest price of 23.17 per share. Given that Wolverine World Wide has jensen alpha of 0.8085, we strongly advise you to confirm Wolverine World Wide's prevalent market performance to make sure the company can sustain itself at a future point.
Wolverine World Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Wolverine, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WolverineWolverine |
Wolverine World Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 12.25 | Buy | 10 | Odds |
Most Wolverine 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 Wolverine stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Wolverine World Wide, talking to its executives and customers, or listening to Wolverine conference calls.
Wolverine World 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.
Wolverine World Wide Technical Analysis
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 Wolverine World Wide volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Wolverine World Wide Trend Analysis
Use this graph to draw trend lines for Wolverine World Wide. You can use it to identify possible trend reversals for Wolverine World 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 Wolverine World price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Wolverine World Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Wolverine World Wide applied against its price change over selected period. The best fit line has a slop of 0.14 , which may imply that Wolverine World Wide will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 789.24, which is the sum of squared deviations for the predicted Wolverine World price change compared to its average price change.About Wolverine World 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 Wolverine World Wide 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 Wolverine World Wide based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Wolverine World Wide price pattern first instead of the macroeconomic environment surrounding Wolverine World Wide. By analyzing Wolverine World'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 Wolverine World'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 Wolverine World specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2016 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0112 | 0.0377 | 0.0339 | 0.0356 | Price To Sales Ratio | 0.84 | 0.32 | 0.29 | 0.28 |
Wolverine World November 28, 2024 Technical Indicators
Most technical analysis of Wolverine 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 Wolverine from various momentum indicators to cycle indicators. When you analyze Wolverine 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.
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| Risk Adjusted Performance | 0.1512 | |||
| Market Risk Adjusted Performance | 0.9989 | |||
| Mean Deviation | 2.38 | |||
| Semi Deviation | 1.4 | |||
| Downside Deviation | 2.01 | |||
| Coefficient Of Variation | 536.74 | |||
| Standard Deviation | 4.97 | |||
| Variance | 24.67 | |||
| Information Ratio | 0.1611 | |||
| Jensen Alpha | 0.8085 | |||
| Total Risk Alpha | 0.1675 | |||
| Sortino Ratio | 0.3986 | |||
| Treynor Ratio | 0.9889 | |||
| Maximum Drawdown | 38.9 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 4.9 | |||
| Downside Variance | 4.03 | |||
| Semi Variance | 1.96 | |||
| Expected Short fall | (2.98) | |||
| Skewness | 5.51 | |||
| Kurtosis | 38.22 |
Additional Tools for Wolverine Stock Analysis
When running Wolverine World's price analysis, check to measure Wolverine World'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 Wolverine World is operating at the current time. Most of Wolverine World's value examination focuses on studying past and present price action to predict the probability of Wolverine World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolverine World's price. Additionally, you may evaluate how the addition of Wolverine World to your portfolios can decrease your overall portfolio volatility.