Woodward Stock Forecast - Price Action Indicator
| WWD Stock | USD 165.86 3.50 2.16% |
Woodward Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Woodward stock prices and determine the direction of Woodward's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Woodward's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Woodward's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Woodward's systematic risk associated with finding meaningful patterns of Woodward fundamentals over time.
Check out Historical Fundamental Analysis of Woodward to cross-verify your projections. Woodward |
Open Interest Against 2024-05-17 Woodward Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Woodward's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Woodward's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Woodward stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Woodward's open interest, investors have to compare it to Woodward's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Woodward is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Woodward. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Woodward cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Woodward's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Woodward's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (2.48) | 2.65 |
| Check Woodward Volatility | Backtest Woodward | Information Ratio |
Woodward Trading Date Momentum
| On May 01 2024 Woodward was traded for 165.86 at the closing time. Highest Woodward's price during the trading hours was 168.77 and the lowest price during the day was 161.15 . The net volume was 747.6 K. The overall trading history on the 1st of May had no short-term effect on price fluctuation. The trading price change to current price is 2.55% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Woodward to competition |
Other Forecasting Options for Woodward
For every potential investor in Woodward, whether a beginner or expert, Woodward's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Woodward Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Woodward. Basic forecasting techniques help filter out the noise by identifying Woodward's price trends.Woodward Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Woodward stock to make a market-neutral strategy. Peer analysis of Woodward could also be used in its relative valuation, which is a method of valuing Woodward by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Woodward Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Woodward's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Woodward's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Woodward Market Strength Events
Market strength indicators help investors to evaluate how Woodward stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Woodward shares will generate the highest return on investment. By undertsting and applying Woodward stock market strength indicators, traders can identify Woodward entry and exit signals to maximize returns.
Woodward Risk Indicators
The analysis of Woodward's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Woodward's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting woodward stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.05 | |||
| Semi Deviation | 0.9885 | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.38 | |||
| Downside Variance | 1.44 | |||
| Semi Variance | 0.9771 | |||
| Expected Short fall | (1.23) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| MSFT | Microsoft | |
| CRM | Salesforce | |
| GOOG | Alphabet Inc Class C |
Check out Historical Fundamental Analysis of Woodward to cross-verify your projections. For information on how to trade Woodward Stock refer to our How to Trade Woodward Stock guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Woodward Stock analysis
When running Woodward's price analysis, check to measure Woodward'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 Woodward is operating at the current time. Most of Woodward's value examination focuses on studying past and present price action to predict the probability of Woodward's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woodward's price. Additionally, you may evaluate how the addition of Woodward to your portfolios can decrease your overall portfolio volatility.
| Stocks Directory Find actively traded stocks across global markets | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |
Is Woodward'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 Woodward. If investors know Woodward 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 Woodward listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.69 | Dividend Share 0.91 | Earnings Share 5.73 | Revenue Per Share 53.196 | Quarterly Revenue Growth 0.163 |
The market value of Woodward is measured differently than its book value, which is the value of Woodward that is recorded on the company's balance sheet. Investors also form their own opinion of Woodward's value that differs from its market value or its book value, called intrinsic value, which is Woodward'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 Woodward's market value can be influenced by many factors that don't directly affect Woodward'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 Woodward's value and its price as these two are different measures arrived at by different means. Investors typically determine if Woodward is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Woodward'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.