Workhorse Group Stock Performance
| WKHS Stock | USD 0.16 0.01 6.67% |
The firm maintains a market beta of 1.74, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Workhorse will likely underperform. Workhorse Group has an expected return of -0.69%. Please make sure to check out Workhorse Group maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and relative strength index , to decide if Workhorse Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Workhorse Group has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's technical indicators remain comparatively stable which may send shares a bit higher in May 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
Last Split Factor 1:10 | Last Split Date 2015-12-11 |
1 | Acquisition by James Peters of 410095 shares of Workhorse at 0.317 subject to Rule 16b-3 | 02/21/2024 |
2 | Disposition of 15230 shares by James Harrington of Workhorse at 0.2867 subject to Rule 16b-3 | 02/23/2024 |
3 | Workhorse Group Q4 2023 Earnings Preview | 03/11/2024 |
4 | All You Need to Know About Workhorse Rating Upgrade to Buy | 03/15/2024 |
5 | Workhorse enters into convertible notes transaction to boost liquidity | 03/19/2024 |
6 | Lordstown Motors ousted CEO settles with SEC for misleading investors | 03/22/2024 |
7 | Workhorse Forms Hammer Chart Pattern Time for Bottom Fishing | 03/26/2024 |
8 | Workhorse shares target cut by DA Davidson on Q4 financial result | 04/01/2024 |
9 | Disposition of 1412 shares by James Peters of Workhorse at 0.227 subject to Rule 16b-3 | 04/03/2024 |
10 | Renewed Nikola and Trevor Miltons soap opera | 04/05/2024 |
11 | Bankruptcy Alert 3 EV Stocks to Sell Now Before They Plunge | 04/10/2024 |
12 | WKHS Stock Price and Chart NASDAQWKHS - TradingView | 04/15/2024 |
13 | Disposition of 6150 shares by Joshua Anderson of Workhorse at 0.1613 subject to Rule 16b-3 | 04/19/2024 |
14 | Danger Zone 7 EV Stocks Poised for a Painful Plunge - InvestorPlace | 04/23/2024 |
| Begin Period Cash Flow | 99.3 M |
Workhorse |
Workhorse Relative Risk vs. Return Landscape
If you would invest 28.00 in Workhorse Group on January 26, 2024 and sell it today you would lose (12.00) from holding Workhorse Group or give up 42.86% of portfolio value over 90 days. Workhorse Group is currently does not generate positive expected returns and assumes 6.5119% risk (volatility on return distribution) over the 90 days horizon. In different words, 57% of stocks are less volatile than Workhorse, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Workhorse Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Workhorse's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Workhorse Group, and traders can use it to determine the average amount a Workhorse's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1064
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WKHS |
Estimated Market Risk
| 6.51 actual daily | 57 57% of assets are less volatile |
Expected Return
| -0.69 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Workhorse is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Workhorse by adding Workhorse to a well-diversified portfolio.
Workhorse Fundamentals Growth
Workhorse Stock prices reflect investors' perceptions of the future prospects and financial health of Workhorse, and Workhorse fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Workhorse Stock performance.
| Return On Equity | -1.29 | |||
| Return On Asset | -0.4 | |||
| Operating Margin | (7.78) % | |||
| Current Valuation | 53.83 M | |||
| Shares Outstanding | 314.61 M | |||
| Price To Earning | 2.99 X | |||
| Price To Book | 0.73 X | |||
| Price To Sales | 4.68 X | |||
| Revenue | 13.09 M | |||
| Gross Profit | (32.65 M) | |||
| EBITDA | (101.24 M) | |||
| Net Income | (123.92 M) | |||
| Cash And Equivalents | 140.06 M | |||
| Cash Per Share | 0.86 X | |||
| Total Debt | 29.02 M | |||
| Debt To Equity | 0.06 % | |||
| Current Ratio | 9.30 X | |||
| Book Value Per Share | 0.29 X | |||
| Cash Flow From Operations | (123.02 M) | |||
| Earnings Per Share | (0.60) X | |||
| Market Capitalization | 51.03 M | |||
| Total Asset | 141.67 M | |||
| Retained Earnings | (751.57 M) | |||
| Working Capital | 40.54 M | |||
| Current Asset | 10.91 M | |||
| Current Liabilities | 18.42 M | |||
About Workhorse Performance
To evaluate Workhorse Group Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Workhorse generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Workhorse Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Workhorse Group market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Workhorse's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 432.17 | 253.89 | |
| Return On Tangible Assets | (0.87) | (0.92) | |
| Return On Capital Employed | (1.19) | (1.13) | |
| Return On Assets | (0.87) | (0.92) | |
| Return On Equity | (1.49) | (1.42) |
Things to note about Workhorse Group performance evaluation
Checking the ongoing alerts about Workhorse for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Workhorse Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Workhorse Group generated a negative expected return over the last 90 days | |
| Workhorse Group has high historical volatility and very poor performance | |
| Workhorse Group has some characteristics of a very speculative penny stock | |
| Workhorse Group has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 13.09 M. Net Loss for the year was (123.92 M) with loss before overhead, payroll, taxes, and interest of (32.65 M). | |
| Workhorse Group currently holds about 140.06 M in cash with (123.02 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.86, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Workhorse Group has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Danger Zone 7 EV Stocks Poised for a Painful Plunge - InvestorPlace |
- Analyzing Workhorse's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Workhorse's stock is overvalued or undervalued compared to its peers.
- Examining Workhorse's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Workhorse's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Workhorse's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Workhorse's stock. These opinions can provide insight into Workhorse's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workhorse Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Workhorse Group information on this page should be used as a complementary analysis to other Workhorse's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Workhorse Stock analysis
When running Workhorse's price analysis, check to measure Workhorse'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 Workhorse is operating at the current time. Most of Workhorse's value examination focuses on studying past and present price action to predict the probability of Workhorse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workhorse's price. Additionally, you may evaluate how the addition of Workhorse to your portfolios can decrease your overall portfolio volatility.
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Is Workhorse'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 Workhorse. If investors know Workhorse 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 Workhorse 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 190.435 | Earnings Share (0.60) | Revenue Per Share 0.063 | Quarterly Revenue Growth 0.278 | Return On Assets (0.40) |
The market value of Workhorse Group is measured differently than its book value, which is the value of Workhorse that is recorded on the company's balance sheet. Investors also form their own opinion of Workhorse's value that differs from its market value or its book value, called intrinsic value, which is Workhorse'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 Workhorse's market value can be influenced by many factors that don't directly affect Workhorse'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 Workhorse's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workhorse is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workhorse'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.