In the world of investing, timing can be everything. Wrap Technologies (NASDAQ: WRAP) is showing signs of potential growth as we move into October, despite facing challenges in the past. With a current typical price around $1.48, the stock has seen fluctuations but remains well below its 52-week high of $4.68. Analysts have set a target price of $2.50, suggesting there may be room for upward movement. However, the company reported a loss of 30.2M, which raises questions about its financial health. As investors look for opportunities, the technical indicators and market sentiment surrounding WRAP could signal a turning point worth watching. Wrap Technologies is facing challenges as concerns grow among baby boomers about the electronic equipment sector. Recent trends show that retail investors are becoming more cautious, leading to a decline in Wrap's stock price. This shift reflects broader market volatility, and the company's weak fundamentals suggest potential long-term losses for investors. With Wrap Technologies set to announce its earnings today, all eyes will be on the results to see if they can turn the tide.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of Wrap Technologies. In general, sophisticated investors focus on analyzing Wrap Technologies stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Wrap Technologies's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of Wrap Technologies's intrinsic value. In addition to deriving basic predictive indicators for Wrap Technologies, many experienced traders also check how macroeconomic factors affect Wrap Technologies price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wrap Technologies. Your research has to be compared to or analyzed against Wrap Technologies' peers to derive any actionable benefits. When done correctly, Wrap Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Wrap Technologies.
How does Wrap Stands against Peers?
Analyzing Wrap Technologies competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Wrap Technologies across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
Wrap Technologies Competition DetailsWrap Technologies Gross Profit
Wrap Technologies Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Wrap Technologies previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Wrap Technologies Gross Profit growth over the last 10 years. Please check Wrap Technologies'
gross profit and other
fundamental indicators for more details.
Closer look at Wrap Technologies Semi Variance
Wrap Technologies has current Semi Variance of 14.14. Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level.
Semi-variance is the square of semi-deviation.
Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Semi Variance | = | SUM(RET DEV)2N(ZERO) |
| = | 14.14 |
| SUM | = | Summation notation |
| RET DEV | = | Actual return deviation over selected period |
| N(ZERO) | = | Number of points with returns less than zero |
Let's now compare Wrap Technologies Semi Variance to its closest peers:
| WRAP | 14.137222239289327 |
| ESE | 2.69 |
| MLAB | 12.91 |
| TDY | 0.92 |
"Success usually comes to those who are too busy to be looking for it." – Henry David Thoreau. Wrap Technologies (NASDAQ: WRAP) appears to be on a growth trajectory as we move into October, with a current price of $1.48, significantly below its 52-week high of $4.68. The company boasts a robust current ratio of 12.76, indicating strong liquidity, while its market risk-adjusted performance stands at 0.0973, suggesting potential for upward movement. Despite reporting losses of $30.2 million in net income and $18.7 million in operating income, the Wall Street target price of $2.50 reflects optimism about its future. With a low short percent of 0.17 and a potential upside of 8.97%, investors may find this stock an intriguing opportunity as it navigates its challenges..
Our perspective of the latest Wrap Technologies fall
Wrap Technologies has recently experienced a rise in volatility, with its semi-variance climbing above 14.14. This increase indicates that investors are feeling uncertain about the company's future, especially given current market trends. As the company faces these fluctuations, it’s important for potential investors to keep a close eye on any developments, as they may present both risks and opportunities in the months ahead. As of September 5th, Wrap Technologies has a Downside Deviation of 4.16, a market risk-adjusted performance of 0.0973, and a Mean Deviation of 3.69.
Understanding these technical indicators can help investors gauge the company’s performance and its fundamental drivers.Investing in Wrap Technologies (WRAP) presents a compelling opportunity, especially with the potential for a price spike in October. Despite the current consensus among analysts leaning towards a strong sell, the stock's possible upside price of
7.22 suggests that there may be room for growth. However, caution is warranted, as the lowest estimated target price stands at
2.28, indicating that investors should carefully weigh the risks. With the fiscal year ending in December, market dynamics could shift, making it essential to stay informed. Overall, while the stock shows promise, a prudent approach is necessary to navigate the volatility ahead..
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Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Wrap Technologies. Please refer to our
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