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 WTI
  
WT Offshore'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.

WT Offshore Analyst Consensus

Target PriceAdvice# of Analysts
9.9Strong Buy2Odds
WT Offshore current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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.
WTI Analyst Advice Details
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.
A focus of WT Offshore technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WT Offshore trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

WT Offshore Technical Analysis

Indicator
Time Period
Execute Indicator
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 Yield0.0027630.002625
Price To Sales Ratio0.90.85

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.

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.
When determining whether WT Offshore offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WT Offshore's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wt Offshore Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wt Offshore Stock:
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.
Fundamental Analysis
View fundamental data based on most recent published financial statements
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Commodity Directory
Find actively traded commodities issued by global exchanges
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
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.