As of the 22nd of September, Woodside Energy maintains the Standard Deviation of 1.51, mean deviation of 1.11, and Market Risk Adjusted Performance of (0.011212). Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Woodside Energy Group, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to break down thirteen technical drivers for Woodside Energy Group, which can be compared to its rivals. Please check out Woodside Energy Group risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis to decide if Woodside Energy Group is priced fairly, providing market reflects its latest price of 22.92 per share. Given that Woodside Energy Group has information ratio of (0.014892), we strongly advise you to confirm Woodside Energy Group's prevalent market performance to make sure the company can sustain itself at a future point.
Woodside Energy Momentum AnalysisMomentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Woodside, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Woodside Woodside Energy's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Woodside Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Woodside Energy Group Technical Analysis
Woodside Energy Group Trend AnalysisUse this graph to draw trend lines for Woodside Energy Group. You can use it to identify possible trend reversals for Woodside Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Woodside Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Woodside Energy Best Fit Change LineThe following chart estimates an ordinary least squares regression model for Woodside Energy Group applied against its price change over selected period. The best fit line has a slop of 0.020424 , which may imply that Woodside Energy Group will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 15.78, which is the sum of squared deviations for the predicted Woodside Energy price change compared to its average price change.
About Woodside Energy Technical Analysis
Woodside Energy September 22, 2023 Technical Indicators
Most technical analysis of Woodside help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Woodside from various momentum indicators to cycle indicators. When you analyze Woodside charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Woodside Energy 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 employment. Note that the Woodside Energy Group information on this page should be used as a complementary analysis to other Woodside Energy'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Woodside Stock analysis
When running Woodside Energy's price analysis, check to measure Woodside Energy'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 Woodside Energy is operating at the current time. Most of Woodside Energy's value examination focuses on studying past and present price action to predict the probability of Woodside Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woodside Energy's price. Additionally, you may evaluate how the addition of Woodside Energy to your portfolios can decrease your overall portfolio volatility.
Is Woodside Energy'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 Woodside Energy. If investors know Woodside 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 Woodside Energy 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
Revenue Per Share
Quarterly Revenue Growth
The market value of Woodside Energy Group is measured differently than its book value, which is the value of Woodside that is recorded on the company's balance sheet. Investors also form their own opinion of Woodside Energy's value that differs from its market value or its book value, called intrinsic value, which is Woodside Energy'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 Woodside Energy's market value can be influenced by many factors that don't directly affect Woodside Energy'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 Woodside Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Woodside Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Woodside Energy'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.