Wixcom Stock Technical Analysis
| WIX Stock | USD 121.69 2.49 2.01% |
As of the 25th of April, WixCom maintains the Market Risk Adjusted Performance of (0.01), standard deviation of 1.87, and Mean Deviation of 1.39. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of WixCom, as well as the relationship between them. 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 collect and analyze data for thirteen technical drivers for WixCom, which can be compared to its peers. Please check out WixCom market risk adjusted performance and treynor ratio to decide if WixCom is priced fairly, providing market reflects its latest price of 121.69 per share. Given that WixCom has information ratio of (0.06), we strongly advise you to confirm WixCom's prevalent market performance to make sure the company can sustain itself at a future point.
WixCom Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WixCom, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WixComWixCom |
WixCom Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 119.22 | Strong Buy | 19 | Odds |
Most WixCom analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand WixCom stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of WixCom, talking to its executives and customers, or listening to WixCom conference calls.
WixCom 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.
WixCom Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 WixCom volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WixCom Trend Analysis
Use this graph to draw trend lines for WixCom. You can use it to identify possible trend reversals for WixCom 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 WixCom price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WixCom Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WixCom 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 WixCom will continue to fail. It has 122 observation points and a regression sum of squares at 35.33, which is the sum of squared deviations for the predicted WixCom price change compared to its average price change.About WixCom 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 WixCom 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 WixCom based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on WixCom price pattern first instead of the macroeconomic environment surrounding WixCom. By analyzing WixCom'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 WixCom'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 WixCom specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 5.25E-4 | 6.04E-4 | 0.0011 | Price To Sales Ratio | 3.21 | 4.48 | 4.25 |
WixCom April 25, 2024 Technical Indicators
Most technical analysis of WixCom 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 WixCom from various momentum indicators to cycle indicators. When you analyze WixCom 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 4.0E-4 | |||
| Market Risk Adjusted Performance | (0.01) | |||
| Mean Deviation | 1.39 | |||
| Coefficient Of Variation | (9,959) | |||
| Standard Deviation | 1.87 | |||
| Variance | 3.49 | |||
| Information Ratio | (0.06) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.02) | |||
| Maximum Drawdown | 9.52 | |||
| Value At Risk | (3.00) | |||
| Potential Upside | 3.31 | |||
| Skewness | 0.6258 | |||
| Kurtosis | 0.8657 |
WixCom April 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as WixCom stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 16,385 | ||
| Daily Balance Of Power | (0.52) | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 123.76 | ||
| Day Typical Price | 123.07 | ||
| Price Action Indicator | (3.31) |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WixCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy WixCom Stock please use our How to Invest in WixCom guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for WixCom Stock analysis
When running WixCom's price analysis, check to measure WixCom'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 WixCom is operating at the current time. Most of WixCom's value examination focuses on studying past and present price action to predict the probability of WixCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WixCom's price. Additionally, you may evaluate how the addition of WixCom to your portfolios can decrease your overall portfolio volatility.
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Is WixCom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WixCom. If investors know WixCom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WixCom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.57 | Revenue Per Share 27.48 | Quarterly Revenue Growth 0.137 | Return On Assets 0.0021 | Return On Equity (7.54) |
The market value of WixCom is measured differently than its book value, which is the value of WixCom that is recorded on the company's balance sheet. Investors also form their own opinion of WixCom's value that differs from its market value or its book value, called intrinsic value, which is WixCom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WixCom's market value can be influenced by many factors that don't directly affect WixCom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WixCom's value and its price as these two are different measures arrived at by different means. Investors typically determine if WixCom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WixCom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.