Wearable Devices Stock Today
| WLDS Stock | USD 0.49 0.01 2.08% |
Performance8 of 100
| Odds Of DistressLess than 30
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Wearable Devices is selling for under 0.49 as of the 23rd of April 2024; that is 2.08 percent increase since the beginning of the trading day. The stock's lowest day price was 0.47. Wearable Devices has about a 30 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Wearable Devices are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | IPO Date 13th of September 2022 | Category Technology | Classification Consumer Discretionary |
Wearable Devices Ltd. engages in developing a non-invasive neural input interface for controlling digital devices using subtle finger movements. The company was incorporated in 2014 and is based in Yokneam Illit, Israel. Wearable Devices is traded on NASDAQ Exchange in the United States.. The company has 20.39 M outstanding shares of which 587.16 K shares are at this time shorted by private and institutional investors with about 0.26 trading days to cover. More on Wearable Devices
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Follow Valuation Profit Patterns Odds of Bankruptcy
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Wearable Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wearable Devices' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wearable Devices or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Computers (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Apparel, Accessories & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, Computers, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Consumer Electronics, Technology, Computing (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Wearable Devices' liquidity, profitability, solvency, and operating efficiency, Wearable Devices is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Wearable Devices is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Wearable Devices' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Wearable Devices' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wearable Devices' financial leverage. It provides some insight into what part of Wearable Devices' total assets is financed by creditors.
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Wearable Devices (WLDS) is traded on NASDAQ Exchange in USA. It is located in 5 Ha-Tnufa Street, Yokneam Illit, Israel, 2066736 and employs 29 people. Wearable Devices is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 9.79 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Wearable Devices's market, we take the total number of its shares issued and multiply it by Wearable Devices's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Wearable Devices conducts business under Textiles, Apparel & Luxury Goods sector and is part of Consumer Discretionary industry. The entity has 20.39 M outstanding shares of which 587.16 K shares are at this time shorted by private and institutional investors with about 0.26 trading days to cover.
Wearable Devices currently holds about 320 K in cash with (8.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Wearable Devices Probability Of Bankruptcy
Ownership AllocationWearable Devices owns a total of 20.39 Million outstanding shares. Wearable Devices owns significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Wearable Ownership Details
Wearable Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Wearable Devices jumping above the current price in 90 days from now is about 39.75%. The Wearable Devices probability density function shows the probability of Wearable Devices stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Wearable Devices has a beta of 0.9679. This entails Wearable Devices market returns are related to returns on the market. As the market goes up or down, Wearable Devices is expected to follow. Additionally, wearable Devices has an alpha of 0.5066, implying that it can generate a 0.51 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Wearable Devices to move above the current price in 90 days from now is about 39.75 (This Wearable Devices probability density function shows the probability of Wearable Stock to fall within a particular range of prices over 90 days) .
Wearable Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Wearable Devices that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Wearable Devices' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Wearable Devices' value.| Instituion | Recorded On | Shares | |
| Citadel Advisors Llc | 2023-09-30 | 59.3 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 54.5 K | |
| Royal Bank Of Canada | 2023-12-31 | 0.0 | |
| Tower Research Capital Llc | 2023-09-30 | 0.0 | |
| Virtu Financial Llc | 2023-12-31 | 0.0 | |
| Two Sigma Securities, Llc | 2023-12-31 | 0.0 | |
| Bank Of America Corp | 2023-12-31 | 0.0 | |
| Ubs Group Ag | 2023-12-31 | 0.0 |
Wearable Devices Historical Income Statement
Wearable Devices Income Statement is one of the three primary financial statements used for reporting Wearable's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Wearable Devices revenue and expense. Wearable Devices Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Wearable Devices' Total Other Income Expense Net is comparatively stable compared to the past year. Income Tax Expense is likely to gain to about 71.8 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 4.2 M in 2024. View More FundamentalsWearable Stock Against Markets
Picking the right benchmark for Wearable Devices stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Wearable Devices stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Wearable Devices is critical whether you are bullish or bearish towards Wearable Devices at a given time. Please also check how Wearable Devices' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Wearable Devices without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Wearable Devices Corporate Management
Elected by the shareholders, the Wearable Devices' board of directors comprises two types of representatives: Wearable Devices inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wearable. The board's role is to monitor Wearable Devices' management team and ensure that shareholders' interests are well served. Wearable Devices' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Wearable Devices' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Shmuel Barel | Vice Development | Profile | |
| Masahiro Yamamoto | Gen Operations | Profile | |
| Guy Wagner | Chief CoFounder | Profile | |
| Tamar Fleisher | Chief Officer | Profile | |
| Leeor Langer | CoFounder CTO | Profile | |
| Alon CPA | Chief Officer | Profile | |
| Asher Dahan | Chairman CoFounder | Profile |
How to buy Wearable Stock?
Before investing in Wearable Devices, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Wearable Devices. To buy Wearable Devices stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wearable Devices. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Wearable Devices stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Wearable Devices stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Wearable Devices stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Wearable Devices, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.
Already Invested in Wearable Devices?
The danger of trading Wearable Devices is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wearable Devices is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wearable Devices. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wearable Devices is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Wearable Devices is a strong investment it is important to analyze Wearable Devices' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wearable Devices' future performance. For an informed investment choice regarding Wearable Stock, refer to the following important reports: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wearable Devices. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For more information on how to buy Wearable Stock please use our How to Invest in Wearable Devices guide.Note that the Wearable Devices information on this page should be used as a complementary analysis to other Wearable Devices' 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Wearable Stock analysis
When running Wearable Devices' price analysis, check to measure Wearable Devices' 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 Wearable Devices is operating at the current time. Most of Wearable Devices' value examination focuses on studying past and present price action to predict the probability of Wearable Devices' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wearable Devices' price. Additionally, you may evaluate how the addition of Wearable Devices to your portfolios can decrease your overall portfolio volatility.
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Is Wearable Devices' 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 Wearable Devices. If investors know Wearable 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 Wearable Devices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.48) | Revenue Per Share 0.005 | Quarterly Revenue Growth 3.118 | Return On Assets (0.54) | Return On Equity (1.01) |
The market value of Wearable Devices is measured differently than its book value, which is the value of Wearable that is recorded on the company's balance sheet. Investors also form their own opinion of Wearable Devices' value that differs from its market value or its book value, called intrinsic value, which is Wearable Devices' 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 Wearable Devices' market value can be influenced by many factors that don't directly affect Wearable Devices' 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 Wearable Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Wearable Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wearable Devices' 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.