Wt Offshore Stock Technical Analysis
WTI Stock | USD 2.37 0.03 1.25% |
As of the 25th of April, WT Offshore owns the market risk adjusted performance of (0.08), and Information Ratio of (0.06). Concerning fundamental indicators, the technical analysis model lets you check potential technical drivers of WT Offshore, as well as the relationship between them. Strictly speaking, you can use this information to find out if the company will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for WT Offshore, which can be compared to its peers in the sector. Please check out WT Offshore risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if WT Offshore is priced fairly, providing market reflects its prevailing price of 2.37 per share. Please also validate WT Offshore jensen alpha, which is currently at (0.19) to confirm the company can sustain itself at some future date.
WT Offshore Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as WTI, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WTIWTI |
WT Offshore Analyst Consensus
Target Price | Advice | # of Analysts | |
9.9 | Strong Buy | 2 | Odds |
Most WTI analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand WTI stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of WT Offshore, talking to its executives and customers, or listening to WTI conference calls.
WT Offshore 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.
WT Offshore Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of WT Offshore volatility. High ATR values indicate high volatility, and low values indicate low volatility.
WT Offshore Trend Analysis
Use this graph to draw trend lines for WT Offshore. You can use it to identify possible trend reversals for WT Offshore 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 WT Offshore price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.WT Offshore Best Fit Change Line
The following chart estimates an ordinary least squares regression model for WT Offshore applied against its price change over selected period. The best fit line has a slop of 0.01 , which may imply that the returns on investment in WT Offshore will continue to fail. It has 122 observation points and a regression sum of squares at 4.02, which is the sum of squared deviations for the predicted WT Offshore price change compared to its average price change.About WT Offshore Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of WT Offshore on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of WT Offshore based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on WT Offshore price pattern first instead of the macroeconomic environment surrounding WT Offshore. By analyzing WT Offshore's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of WT Offshore's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to WT Offshore specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.002763 | 0.002625 | Price To Sales Ratio | 0.9 | 0.85 |
WT Offshore April 25, 2024 Technical Indicators
Most technical analysis of WTI 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 WTI from various momentum indicators to cycle indicators. When you analyze WTI 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | (0.01) | |||
Market Risk Adjusted Performance | (0.08) | |||
Mean Deviation | 2.21 | |||
Coefficient Of Variation | (3,560) | |||
Standard Deviation | 2.97 | |||
Variance | 8.84 | |||
Information Ratio | (0.06) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | (0.09) | |||
Maximum Drawdown | 16.14 | |||
Value At Risk | (4.47) | |||
Potential Upside | 4.33 | |||
Skewness | 0.1574 | |||
Kurtosis | 0.7652 |
WT Offshore April 25, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as WTI stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 22,732 | ||
Daily Balance Of Power | (0.60) | ||
Rate Of Daily Change | 0.99 | ||
Day Median Price | 2.38 | ||
Day Typical Price | 2.37 | ||
Price Action Indicator | (0.02) |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WT Offshore. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in WTI Stock please use our How to Invest in WT Offshore guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for WTI Stock analysis
When running WT Offshore's price analysis, check to measure WT Offshore'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 WT Offshore is operating at the current time. Most of WT Offshore's value examination focuses on studying past and present price action to predict the probability of WT Offshore's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WT Offshore's price. Additionally, you may evaluate how the addition of WT Offshore to your portfolios can decrease your overall portfolio volatility.
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Is WT Offshore'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 WT Offshore. If investors know WTI 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 WT Offshore 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 (0.98) | Dividend Share 0.01 | Earnings Share 0.11 | Revenue Per Share 3.636 | Quarterly Revenue Growth (0.30) |
The market value of WT Offshore is measured differently than its book value, which is the value of WTI that is recorded on the company's balance sheet. Investors also form their own opinion of WT Offshore's value that differs from its market value or its book value, called intrinsic value, which is WT Offshore'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 WT Offshore's market value can be influenced by many factors that don't directly affect WT Offshore'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 WT Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if WT Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WT Offshore'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.