Workhorse Stock Future Price Prediction

WKHS -  USA Stock  

USD 10.71  0.49  4.38%

Workhorse Grp stock price prediction is an act of determining the future value of Workhorse Grp shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Workhorse Grp's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Workhorse Grp and does not consider all of the tangible or intangible factors available from Workhorse Grp's fundamental data. We analyze noise-free headlines and recent hype associated with Workhorse Grp, which may create opportunities for some arbitrage if properly timed.
Check out Workhorse Grp Basic Forecasting Models to cross-verify your projections.

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It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Workhorse Grp based on different types of headlines from major news networks to social media. The Workhorse stock price prediction module provides an analysis of price elasticity to changes in media outlook on Workhorse Grp over a specific investment horizon. Using Workhorse Grp hype-based prediction, you can estimate the value of Workhorse Grp from the perspective of Workhorse Grp response to recently generated media hype and the effects of current headlines on its competitors.
Workhorse Grp Total Assets Per Share are relatively stable at the moment as compared to the past year. Workhorse Grp reported last year Total Assets Per Share of 5.19. As of 08/03/2021, Net Current Assets as percentage of Total Assets is likely to grow to 46.55, while Cash Flow Per Share is likely to drop (0.62) .
This module is based on analyzing investor sentiment around taking a position in Workhorse Grp. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Workhorse Grp to buy its stock at a price that has no basis in reality. In that case, they are not buying Workhorse because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Workhorse Grp after-hype prediction price

    
  $ 10.81  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Workhorse Grp'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. Please use the tools below to analyze the current value of Workhorse Grp in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
3.9111.1018.29
Details
Naive
Forecast
LowNext ValueHigh
4.8312.0219.21
Details
5 Analysts
Consensus
LowTarget PriceHigh
8.5012.5016.00
Details
Earnings
Estimates (4)
LowProjected EPSHigh
-1.67-1.57-1.46
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Workhorse Grp. Your research has to be compared to or analyzed against Workhorse Grp's peers to derive any actionable benefits. When done correctly, Workhorse Grp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Workhorse Grp.

Workhorse Grp After-Hype Price Prediction Density Analysis

As far as predicting the price of Workhorse Grp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Workhorse Grp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many smart people who confused the symmetrical distributions of stock prices, such as prices of Workhorse Grp, with the unreliable approximations that try to describe financial returns.
 Next price density 
      Expected price to next headline 

Workhorse Grp Estimiated After-Hype Price Volatility

In the context of predicting Workhorse Grp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Workhorse Grp's historical news coverage. Workhorse Grp's after-hype downside and upside margins for the prediction period are 3.62 and 18.00, respectively. We have considered Workhorse Grp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
10.71
3rd of August 2021
10.81
After-hype Price
18.00
Upside
Workhorse Grp is slightly risky asset. Analysis and calculation of next after-hype price of Workhorse Grp is based on 3 months time horizon.

Workhorse Grp Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Workhorse Grp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Workhorse Grp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Workhorse Grp, there might be something going there, and it might present an excellent short sale opportunity.
Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.20  7.19  0.10   0.13  3 Events / Month6 Events / MonthIn about 3 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
10.7110.810.93 
1,467  

Workhorse Grp Hype Timeline

Workhorse Grp is at this time traded for 10.71. The entity has historical hype elasticity of 0.1 and average elasticity to hype of competition of 0.13. Workhorse is forecasted to increase in value after the next headline with price projected to jump to 10.81 or above. The average volatility of media hype impact on the company stock price is over 100%. The price gain on the next news is forecasted to be 0.93% whereas the daily expected return is at this time at 0.2%. The volatility of related hype on Workhorse Grp is about 1106.15% with expected price after next announcement by competition of 10.84. The company reported the previous year's revenue of 1.83 M. Net Loss for the year was (55.49 M) with loss before overhead, payroll, taxes, and interest of (11.67 M). Given the investment horizon of 90 days the next forecastedpress releasewill be in about 3 days.
Check out Workhorse Grp Basic Forecasting Models to cross-verify your projections.

Workhorse Grp Related Hype Analysis

Having access to credible news sources related to Workhorse Grp's direct competition is more important than ever and may enhance your ability to predict Workhorse Grp's future price movements. Getting to know how Workhorse Grp rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Workhorse Grp may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
Toyota Motor Corp 1.50 4 per month 0.93  0.23  2.04 (1.07)  8.24 
Volkswagen Ag ADR(0.23) 3 per month 1.99  0.0403  3.66 (3.37)  9.74 
Volkswagen A G 5.16 8 per month 0.00 (0.06)  3.31 (3.81)  9.80 
Byd Ltd H(0.61) 2 per month 2.41  0.20  7.11 (4.33)  13.38 
Byd Company 0.75 9 per month 2.31  0.20  6.97 (4.23)  14.52 
DAIMLER AG(0.79) 8 per month 1.88 (0.0106)  3.16 (2.85)  8.13 
Daimler Ag ADR 0.01 2 per month 1.93 (0.0072)  3.25 (2.92)  8.61 
Great Wall Motor 0.00 5 per month 2.50  0.23  9.29 (7.63)  18.17 
General Motors 0.06 9 per month 1.85 (0.0098)  3.64 (2.93)  10.81 

Workhorse Grp Additional Predictive Modules

Most predictive techniques to examine Workhorse price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Workhorse using various technical indicators. When you analyze Workhorse charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Workhorse Grp Predictive Indicators

The successful prediction of Workhorse Grp stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Workhorse Grp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Workhorse Grp based on analysis of Workhorse Grp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Workhorse Grp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Workhorse Grp's related companies.
 2020 2021 (projected)
Long Term Debt to Equity0.580.64
Interest Coverage1.331.32

Story Coverage note for Workhorse Grp

The number of cover stories for Workhorse Grp depends on current market conditions and Workhorse Grp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Workhorse Grp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Workhorse Grp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Workhorse Grp Short Properties

Workhorse Grp's future price predictability will typically decrease when Workhorse Grp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Workhorse Grp often depends not only on the future outlook of the potential Workhorse Grp'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. Workhorse Grp's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out36.99%
Short Percent Of Float37.90%
Float Shares114.99M
Shares Short Prior Month40.87M
Average Daily Volume Last 10 Day8.31M
Average Daily Volume In Three Month18.89M
Date Short Interest28th of May 2021
Check out Workhorse Grp Basic Forecasting Models to cross-verify your projections. Note that the Workhorse Grp information on this page should be used as a complementary analysis to other Workhorse Grp'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 Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Workhorse Grp price analysis, check to measure Workhorse Grp'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 Grp is operating at the current time. Most of Workhorse Grp's value examination focuses on studying past and present price action to predict the probability of Workhorse Grp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Workhorse Grp's price. Additionally, you may evaluate how the addition of Workhorse Grp to your portfolios can decrease your overall portfolio volatility.
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The market value of Workhorse Grp 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 Grp's value that differs from its market value or its book value, called intrinsic value, which is Workhorse Grp'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 Grp's market value can be influenced by many factors that don't directly affect Workhorse Grp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Workhorse Grp's value and its price as these two are different measures arrived at by different means. Investors typically determine Workhorse Grp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workhorse Grp'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.