Workiva (Germany) Odds of Future Stock Price Finishing Under 98.66
| 0WKA Stock | EUR 106.00 1.00 0.95% |
Workiva |
Workiva Target Price Odds to finish below 98.66
The tendency of Workiva Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to € 98.66 or more in 90 days |
| 106.00 | 90 days | 98.66 | about 92.56 |
Based on a normal probability distribution, the odds of Workiva to drop to € 98.66 or more in 90 days from now is about 92.56 (This Workiva probability density function shows the probability of Workiva Stock to fall within a particular range of prices over 90 days) . Probability of Workiva price to stay between € 98.66 and its current price of €106.0 at the end of the 90-day period is about 5.58 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.02 . This suggests Workiva market returns are reactive to returns on the market. As the market goes up or down, Workiva is expected to follow. Additionally Workiva has an alpha of 0.6089, implying that it can generate a 0.61 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Workiva Price Density |
| Price |
Predictive Modules for Workiva
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Workiva. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Workiva Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Workiva is not an exception. The market had few large corrections towards the Workiva's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Workiva, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Workiva within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.61 | |
β | Beta against Dow Jones | 1.02 | |
σ | Overall volatility | 11.35 | |
Ir | Information ratio | 0.29 |
Workiva Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Workiva for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Workiva can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Workiva has accumulated 340.26 M in total debt. Workiva has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Workiva until it has trouble settling it off, either with new capital or with free cash flow. So, Workiva's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Workiva sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Workiva to invest in growth at high rates of return. When we think about Workiva's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 537.88 M. Net Loss for the year was (90.95 M) with profit before overhead, payroll, taxes, and interest of 407.99 M. | |
| Over 93.0% of the company shares are owned by institutions such as pension funds |
Workiva Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Workiva Stock often depends not only on the future outlook of the current and potential Workiva'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. Workiva's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 52.7 M |
Workiva Technical Analysis
Workiva's future price can be derived by breaking down and analyzing its technical indicators over time. Workiva Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Workiva. In general, you should focus on analyzing Workiva Stock price patterns and their correlations with different microeconomic environments and drivers.
Workiva Predictive Forecast Models
Workiva's time-series forecasting models is one of many Workiva's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Workiva's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Workiva
Checking the ongoing alerts about Workiva for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Workiva help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Workiva has accumulated 340.26 M in total debt. Workiva has a current ratio of 0.89, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Workiva until it has trouble settling it off, either with new capital or with free cash flow. So, Workiva's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Workiva sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Workiva to invest in growth at high rates of return. When we think about Workiva's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 537.88 M. Net Loss for the year was (90.95 M) with profit before overhead, payroll, taxes, and interest of 407.99 M. | |
| Over 93.0% of the company shares are owned by institutions such as pension funds |
Additional Information and Resources on Investing in Workiva Stock
When determining whether Workiva is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Workiva Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Workiva Stock. Highlighted below are key reports to facilitate an investment decision about Workiva Stock:Check out Workiva Backtesting, Workiva Valuation, Workiva Correlation, Workiva Hype Analysis, Workiva Volatility, Workiva History as well as Workiva Performance. For more detail on how to invest in Workiva Stock please use our How to Invest in Workiva guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.