Wabash National Stock Forecast - Day Typical Price
| WNC Stock | USD 24.42 1.33 5.17% |
Wabash Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Wabash National stock prices and determine the direction of Wabash National's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Wabash National's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Wabash National's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Wabash National's systematic risk associated with finding meaningful patterns of Wabash National fundamentals over time.
Check out Historical Fundamental Analysis of Wabash National to cross-verify your projections. Wabash |
Open Interest Against 2024-05-17 Wabash Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Wabash National'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 Wabash National's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Wabash National 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 Wabash National's open interest, investors have to compare it to Wabash National'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 Wabash National 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 Wabash. 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 Wabash National 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 Wabash National's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Wabash National's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 25.95 | 24.78 |
| Check Wabash National Volatility | Backtest Wabash National | Information Ratio |
Wabash National Trading Date Momentum
| On April 24 2024 Wabash National was traded for 24.42 at the closing time. Highest Wabash National's price during the trading hours was 25.74 and the lowest price during the day was 24.18 . The net volume was 960.6 K. The overall trading history on the 24th of April had no short-term effect on price fluctuation. The trading price change to current price is 0.33% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
| Compare Wabash National to competition |
Other Forecasting Options for Wabash National
For every potential investor in Wabash, whether a beginner or expert, Wabash National's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Wabash Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Wabash. Basic forecasting techniques help filter out the noise by identifying Wabash National's price trends.Wabash National 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 Wabash National stock to make a market-neutral strategy. Peer analysis of Wabash National could also be used in its relative valuation, which is a method of valuing Wabash National by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Wabash National 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 Wabash National'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 Wabash National's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Wabash National Market Strength Events
Market strength indicators help investors to evaluate how Wabash National stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wabash National shares will generate the highest return on investment. By undertsting and applying Wabash National stock market strength indicators, traders can identify Wabash National entry and exit signals to maximize returns.
| Accumulation Distribution | 58217.58 | |||
| Daily Balance Of Power | (0.85) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 24.96 | |||
| Day Typical Price | 24.78 | |||
| Price Action Indicator | (1.20) | |||
| Period Momentum Indicator | (1.33) | |||
| Relative Strength Index | 44.62 |
Wabash National Risk Indicators
The analysis of Wabash National'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 Wabash National's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting wabash 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 | 1.77 | |||
| Semi Deviation | 2.02 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.11 | |||
| Downside Variance | 4.46 | |||
| Semi Variance | 4.1 | |||
| Expected Short fall | (1.98) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wabash National in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wabash National's short interest history, or implied volatility extrapolated from Wabash National options trading.
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.When determining whether Wabash National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wabash National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wabash National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wabash National Stock:Check out Historical Fundamental Analysis of Wabash National to cross-verify your projections. For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Wabash Stock analysis
When running Wabash National's price analysis, check to measure Wabash National'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 Wabash National is operating at the current time. Most of Wabash National's value examination focuses on studying past and present price action to predict the probability of Wabash National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wabash National's price. Additionally, you may evaluate how the addition of Wabash National to your portfolios can decrease your overall portfolio volatility.
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Is Wabash National'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 Wabash National. If investors know Wabash 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 Wabash National 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 0.286 | Dividend Share 0.32 | Earnings Share 4.81 | Revenue Per Share 53.955 | Quarterly Revenue Growth (0.09) |
The market value of Wabash National is measured differently than its book value, which is the value of Wabash that is recorded on the company's balance sheet. Investors also form their own opinion of Wabash National's value that differs from its market value or its book value, called intrinsic value, which is Wabash National'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 Wabash National's market value can be influenced by many factors that don't directly affect Wabash National'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 Wabash National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wabash National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wabash National'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.