World Fuel Services Stock Technical Analysis

INTDelisted Stock  USD 21.95  0.13  0.60%   
As of the 25th of April, World Fuel maintains the Market Risk Adjusted Performance of (0.27), standard deviation of 2.11, and Mean Deviation of 1.48. World Fuel Services technical analysis makes it possible for you to employ past prices and volume data with the intention to determine a pattern that calculates the direction of the company's future prices. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for World Fuel Services, which can be compared to its peers. Please check out World Fuel Services market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if World Fuel Services is priced fairly, providing market reflects its latest price of 21.95 per share. Given that World Fuel Services has information ratio of (0.08), we strongly advise you to confirm World Fuel Services's prevalent market performance to make sure the company can sustain itself at a future point.

World Fuel Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as World, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to World
  
World Fuel's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
World Fuel 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, delisted stock market cycles, or different charting patterns.
A focus of World Fuel technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of World Fuel trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

World Fuel Services Technical Analysis

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World Fuel Services Trend Analysis

Use this graph to draw trend lines for World Fuel Services. You can use it to identify possible trend reversals for World Fuel 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 World Fuel price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

World Fuel Best Fit Change Line

The following chart estimates an ordinary least squares regression model for World Fuel Services applied against its price change over selected period. The best fit line has a slop of   0.03  , which may imply that the returns on investment in World Fuel Services will continue to fail. It has 122 observation points and a regression sum of squares at 29.64, which is the sum of squared deviations for the predicted World Fuel price change compared to its average price change.

About World Fuel 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 World Fuel Services 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 World Fuel Services based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on World Fuel Services price pattern first instead of the macroeconomic environment surrounding World Fuel Services. By analyzing World Fuel'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 World Fuel'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 World Fuel specific price patterns or momentum indicators. Please read more on our technical analysis page.

World Fuel April 25, 2024 Technical Indicators

Most technical analysis of World 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 World from various momentum indicators to cycle indicators. When you analyze World 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Other Consideration for investing in World Stock

If you are still planning to invest in World Fuel Services check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the World Fuel's history and understand the potential risks before investing.
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