Workiva Stock Odds of Future Stock Price Finishing Over 61.2
| WK Stock | USD 79.09 1.23 1.58% |
Closest to current price Workiva long CALL Option Payoff at Expiration
Workiva |
Workiva Target Price Odds to finish over 61.2
The tendency of Workiva Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay above $ 61.20 in 90 days |
| 79.09 | 90 days | 61.20 | close to 99 |
Based on a normal probability distribution, the odds of Workiva to stay above $ 61.20 in 90 days from now is close to 99 (This Workiva probability density function shows the probability of Workiva Stock to fall within a particular range of prices over 90 days) . Probability of Workiva price to stay between $ 61.20 and its current price of $79.09 at the end of the 90-day period is about 9.54 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 2.1 . This entails as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Workiva will likely underperform. Additionally Workiva has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Workiva Price Density |
| Price |
Predictive Modules for Workiva
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Workiva. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Workiva's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Workiva Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Workiva is not an exception. The market had few large corrections towards the Workiva's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Workiva, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Workiva within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.43 | |
β | Beta against NYSE Composite | 2.10 | |
σ | Overall volatility | 6.21 | |
Ir | Information ratio | -0.13 |
Workiva Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Workiva for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Workiva can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Workiva generated a negative expected return over the last 90 days | |
| The company generated the yearly revenue of 630.04 M. Annual Net Loss to common stockholders was (127.53 M) with gross profit of 407.99 M. | |
| Workiva has a poor financial position based on the latest SEC disclosures | |
| Over 95.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Investors might be losing patience for Workivas increasing losses, as stock sheds 3.2 percent over the past week |
Workiva Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Workiva Stock often depends not only on the future outlook of the current and potential Workiva's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Workiva's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 54.1 M | |
| Cash And Short Term Investments | 813.7 M |
Workiva Technical Analysis
Workiva's future price can be derived by breaking down and analyzing its technical indicators over time. Workiva Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Workiva. In general, you should focus on analyzing Workiva Stock price patterns and their correlations with different microeconomic environments and drivers.
Workiva Predictive Forecast Models
Workiva's time-series forecasting models is one of many Workiva's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Workiva's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Workiva
Checking the ongoing alerts about Workiva for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Workiva help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Workiva generated a negative expected return over the last 90 days | |
| The company generated the yearly revenue of 630.04 M. Annual Net Loss to common stockholders was (127.53 M) with gross profit of 407.99 M. | |
| Workiva has a poor financial position based on the latest SEC disclosures | |
| Over 95.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Investors might be losing patience for Workivas increasing losses, as stock sheds 3.2 percent over the past week |
Check out Workiva Backtesting, Workiva Valuation, Workiva Correlation, Workiva Hype Analysis, Workiva Volatility, Workiva History as well as Workiva Performance. For more information on how to buy Workiva Stock please use our How to buy in Workiva Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Workiva Stock analysis
When running Workiva's price analysis, check to measure Workiva'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 Workiva is operating at the current time. Most of Workiva's value examination focuses on studying past and present price action to predict the probability of Workiva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workiva's price. Additionally, you may evaluate how the addition of Workiva to your portfolios can decrease your overall portfolio volatility.
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Is Workiva'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 Workiva. If investors know Workiva 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 Workiva listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.36) | Revenue Per Share 11.646 | Quarterly Revenue Growth 0.159 | Return On Assets (0.04) | Return On Equity (27.63) |
The market value of Workiva is measured differently than its book value, which is the value of Workiva that is recorded on the company's balance sheet. Investors also form their own opinion of Workiva's value that differs from its market value or its book value, called intrinsic value, which is Workiva'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 Workiva's market value can be influenced by many factors that don't directly affect Workiva'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 Workiva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workiva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workiva'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.