Workspace Group (UK) Technical Analysis
| WKP Stock | 563.00 1.00 0.18% |
As of the 1st of December, Workspace Group maintains the Standard Deviation of 1.66, mean deviation of 1.29, and Market Risk Adjusted Performance of (1.19). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Workspace Group PLC, as well as the relationship between them. Please check out Workspace Group PLC standard deviation, as well as the relationship between the treynor ratio and potential upside to decide if Workspace Group PLC is priced fairly, providing market reflects its latest price of 563.0 per share.
Workspace Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Workspace, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WorkspaceWorkspace |
Workspace Group 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.
Workspace Group PLC Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 Workspace Group PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Workspace Group PLC Trend Analysis
Use this graph to draw trend lines for Workspace Group PLC. You can use it to identify possible trend reversals for Workspace Group 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 Workspace Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Workspace Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Workspace Group PLC applied against its price change over selected period. The best fit line has a slop of 2.25 , which may suggest that Workspace Group PLC market price will keep on failing further. It has 122 observation points and a regression sum of squares at 191720.34, which is the sum of squared deviations for the predicted Workspace Group price change compared to its average price change.About Workspace Group 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 Workspace Group PLC 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 Workspace Group PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Workspace Group PLC price pattern first instead of the macroeconomic environment surrounding Workspace Group PLC. By analyzing Workspace Group'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 Workspace Group'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 Workspace Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Workspace Group December 1, 2024 Technical Indicators
Most technical analysis of Workspace 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 Workspace from various momentum indicators to cycle indicators. When you analyze Workspace 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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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (1.19) | |||
| Mean Deviation | 1.29 | |||
| Coefficient Of Variation | (1,327) | |||
| Standard Deviation | 1.66 | |||
| Variance | 2.75 | |||
| Information Ratio | (0.16) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (1.20) | |||
| Maximum Drawdown | 9.06 | |||
| Value At Risk | (2.47) | |||
| Potential Upside | 2.37 | |||
| Skewness | (0.87) | |||
| Kurtosis | 2.18 |
Complementary Tools for Workspace Stock analysis
When running Workspace Group's price analysis, check to measure Workspace Group'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 Workspace Group is operating at the current time. Most of Workspace Group's value examination focuses on studying past and present price action to predict the probability of Workspace Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workspace Group's price. Additionally, you may evaluate how the addition of Workspace Group to your portfolios can decrease your overall portfolio volatility.
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