The firm maintains a market beta of 1.553, which attests to a somewhat significant risk relative to the market. Let's try to break down what Wolverine's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Wolverine World will likely underperform. Even though it is essential to pay attention to
Wolverine World Wide historical
price patterns, it is always good to be careful when utilizing equity current price history. Our philosophy towards determining any stock's
future performance is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. Wolverine World Wide exposes twenty-eight different technical indicators, which can help you to evaluate its performance.
Wolverine World Wide has an expected return of -0.54%. Please be advised to check out Wolverine World Wide
semi variance,
rate of daily change, and the
relationship between the
value at risk and
kurtosis to decide if
Wolverine World Wide performance from the past will be repeated at some point in the near future.
What is the right price you would pay to acquire a share of Victory Sycamore? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the
future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated. Please read more on our
stock advisor page.
Instrument Allocation
The asset allocation of funds such as Victory Sycamore usually varies among a different mix of asset classes. Balanced mutual funds invest not only in bonds, which focus primarily on income, and stocks, which aim for investment growth, but also keep some reserve in cash or even exotic instruments. Below we show the current asset allocation of Victory Sycamore Small
DetailsDetails
Earning per share calculations of the firm is based on official Zacks consensus of 5 analysts regarding Wolverine World's future annual earnings. Given the historical accuracy of 87.75%, the future earnings per share of the company is estimated to be 2.1 with the lowest and highest values of 2.08 and 2.12, respectively. Please note that this consensus of annual earnings estimates for Wolverine World Wide is an estimate of EPS before non-recurring items and including employee stock options expenses.
Is Wolverine a risky opportunity?
Let's check the volatility. Wolverine is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Wolverine (NYSE:WWW) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. buying a share of a Wolverine World stock makes you a part-owner of that company.
Wolverine World Wide Current Consensus
Here is the latest trade recommendation based on an ongoing consensus estimate among financial analysis covering Wolverine World Wide. The Wolverine consensus assessment is calculated by taking the average estimates from all of the analysts covering Wolverine World
| Strong Buy | 4 | 57.14 |
| Buy | 0 | 0.0 |
| Hold | 3 | 42.86 |
| Sell | 0 | 0.0 |
| Strong Sell | 0 | 0.0 |
Is Wolverine showing direct evidence of lower volatility?
The variance is down to 8.54 as of today. Wolverine World Wide exhibits very low volatility with skewness of 0.25 and kurtosis of 0.17. However, we advise investors to further study Wolverine World Wide technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Wolverine World's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Wolverine World's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Wolverine World Implied Volatility
Wolverine World's implied volatility exposes the market's sentiment of Wolverine World Wide stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Wolverine World's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Wolverine World stock will not fluctuate a lot when Wolverine World's options are near their expiration.
Our Conclusion on Wolverine World
While many other companies in the footwear & accessories industry are either recovering or due for a correction, Wolverine may not be as strong as the others in terms of longer-term growth potentials. The inconsistency in the assessment between current Wolverine valuation and our trade advice on Wolverine World is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Wolverine World.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Victory Sycamore Small. Please refer to our
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