Workhorse Group Stock Price on November 25, 2024
| WKHS Stock | USD 0.76 0.04 5.35% |
Below is the normalized historical share price chart for Workhorse Group extending back to June 02, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Workhorse stands at 0.76, as last reported on the 23rd of December, with the highest price reaching 0.81 and the lowest price hitting 0.74 during the day.
If you're considering investing in Workhorse Stock, it is important to understand the factors that can impact its price. Currently, Workhorse Group is abnormally volatile. Workhorse Group shows Sharpe Ratio of 0.0119, which attests that the company had a 0.0119% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Workhorse Group, which you can use to evaluate the volatility of the company. Please check out Workhorse's Downside Deviation of 6.93, market risk adjusted performance of 0.1442, and Mean Deviation of 6.02 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, Workhorse's Other Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 200 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 9.8 M in 2024. . Price To Sales Ratio is likely to drop to 5.41 in 2024. Price Earnings Ratio is likely to drop to -0.63 in 2024. Workhorse Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of August 2014 | 200 Day MA 2.1051 | 50 Day MA 0.9552 | Beta 2.552 |
Workhorse |
Sharpe Ratio = 0.0119
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| Cash | Small Risk | Average Risk | High Risk | WKHS |
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Estimated Market Risk
| 9.06 actual daily | 80 80% of assets are less volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Workhorse is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Workhorse by adding Workhorse to a well-diversified portfolio.
Price Book 0.6967 | Enterprise Value Ebitda (0.62) | Price Sales 3.4237 | Shares Float 20.8 M | Wall Street Target Price 1.125 |
Workhorse Main Headline on 25th of November 2024
EV Roundup Quarterly Earnings of NIO, XPEV WKHS Grab Limelig... by finance.yahoo.com
NIO, XPeng and Workhorse incur narrower year-over-year loss per share in Q3. Revenues decline for NIO and WKHS but increase for XPEV.
Workhorse Valuation on November 25, 2024
It is possible to determine the worth of Workhorse on a given historical date. On November 25, 2024 Workhorse was worth 1.11 at the beginning of the trading date compared to the closed value of 1.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Workhorse stock. Still, in general, we apply an absolute valuation method to find Workhorse's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Workhorse where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Workhorse's related companies.
| Open | High | Low | Close | Volume | |
| 1.02 | 1.19 | 1.00 | 1.10 | 5,141,749 | |
11/25/2024 | 1.11 | 1.25 | 1.09 | 1.15 | 3,654,271 |
| 1.15 | 1.18 | 1.04 | 1.07 | 2,514,256 |
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Workhorse Trading Date Momentum on November 25, 2024
| On November 26 2024 Workhorse Group was traded for 1.07 at the closing time. The top price for the day was 1.18 and the lowest listed price was 1.04 . The trading volume for the day was 2.5 M. The trading history from November 26, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 6.96% . The trading price change against the current closing price is 10.43% . |
Workhorse Group Fundamentals Correlations and Trends
By evaluating Workhorse's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Workhorse's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Workhorse financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Workhorse Stock history
Workhorse investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Workhorse is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Workhorse Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Workhorse stock prices may prove useful in developing a viable investing in Workhorse
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10.4 M | 9.8 M | |
| Net Loss | -105.5 M | -100.3 M |
Workhorse Stock Technical Analysis
Workhorse 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.
Price Boundaries
Workhorse Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Workhorse Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Workhorse December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Workhorse stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Workhorse shares will generate the highest return on investment. By undertsting and applying Workhorse stock market strength indicators, traders can identify Workhorse Group entry and exit signals to maximize returns
Workhorse Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Workhorse's price direction in advance. Along with the technical and fundamental analysis of Workhorse Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Workhorse to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0443 | |||
| Jensen Alpha | 0.3349 | |||
| Total Risk Alpha | 0.1421 | |||
| Sortino Ratio | 0.0547 | |||
| Treynor Ratio | 0.1342 |
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Additional 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.