Workiva Stock Price Prediction
| WK Stock | USD 80.29 1.20 1.52% |
Oversold Vs Overbought
37
Oversold | Overbought |
Workiva stock price prediction is an act of determining the future value of Workiva shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Workiva'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 Workiva and does not consider all of the tangible or intangible factors available from Workiva's fundamental data. We analyze noise-free headlines and recent hype associated with Workiva, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Workiva's stock price prediction:EPS Estimate Next Quarter 0.12 | EPS Estimate Current Year 0.6 | EPS Estimate Next Year 1.06 | Wall Street Target Price 104.5 | EPS Estimate Current Quarter 0.22 |
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 Workiva based on different types of headlines from major news networks to social media. The Workiva stock price prediction module provides an analysis of price elasticity to changes in media outlook on Workiva over a specific investment horizon. Using Workiva hype-based prediction, you can estimate the value of Workiva from the perspective of Workiva response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Workiva using Workiva's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Workiva using crowd psychology based on the activity and movement of Workiva's stock price.
Workiva Short Interest
A significant increase or decrease in Workiva's short interest from the previous month could be a good indicator of investor sentiment towards Workiva. Short interest can provide insight into the potential direction of Workiva stock and how bullish or bearish investors feel about the market overall. An investor who is long Workiva may also wish to track short interest. As short interest increases, investors should be becoming more worried about Workiva and may potentially protect profits, hedge Workiva with its derivative instruments, or be ready for some potential downside.
200 Day MA 95.44 | Short Percent 0.0722 | Short Ratio 10.83 | Shares Short Prior Month 3.5 M | 50 Day MA 84.032 |
Workiva Hype to Price Pattern
Investor biases related to Workiva's public news can be used to forecast risks associated with an investment in Workiva. The trend in average sentiment can be used to explain how an investor holding Workiva can time the market purely based on public headlines and social activities around Workiva. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Workiva's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Workiva.
Workiva Implied Volatility | 51.38 |
Workiva's implied volatility exposes the market's sentiment of Workiva stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Workiva's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Workiva stock will not fluctuate a lot when Workiva's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Workiva. 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 Workiva to buy its stock at a price that has no basis in reality. In that case, they are not buying Workiva 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.
Workiva after-hype prediction price | USD 80.29 |
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.
Prediction based on Rule 16 of the current Workiva contract
Based on the Rule 16, the options market is currently suggesting that Workiva will have an average daily up or down price movement of about 3.21% per day over the life of the 2024-05-17 option contract. With Workiva trading at USD 80.29, that is roughly USD 2.58 . If you think that the market is fully incorporating Workiva's daily price movement you should consider acquiring Workiva options at the current volatility level of 51.38%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Workiva |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Workiva'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.
Workiva After-Hype Price Prediction Density Analysis
As far as predicting the price of Workiva 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 Workiva 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 investors who confused the symmetrical distributions of Stock prices, such as prices of Workiva, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Workiva Estimiated After-Hype Price Volatility
In the context of predicting Workiva's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Workiva's historical news coverage. Workiva's after-hype downside and upside margins for the prediction period are 77.67 and 82.91, respectively. We have considered Workiva'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
Workiva is very steady at this time. Analysis and calculation of next after-hype price of Workiva is based on 3 months time horizon.
Workiva Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Workiva is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Workiva 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 Workiva, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.27 | 2.62 | 0.32 | 0.01 | 9 Events / Month | 2 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
80.29 | 80.29 | 0.00 |
|
Workiva Hype Timeline
As of April 24, 2024 Workiva is listed for 80.29. The entity has historical hype elasticity of 0.32, and average elasticity to hype of competition of 0.01. Workiva is forecasted not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is forecasted to be very small, whereas the daily expected return is at this time at -0.27%. %. The volatility of related hype on Workiva is about 7145.45%, with the expected price after the next announcement by competition of 80.30. About 95.0% of the company outstanding shares are owned by institutional investors. The company recorded a loss per share of 2.36. Workiva had not issued any dividends in recent years. Allowing for the 90-day total investment horizon the next forecasted press release will be in about 9 days. Check out Workiva Basic Forecasting Models to cross-verify your projections.Workiva Related Hype Analysis
Having access to credible news sources related to Workiva's direct competition is more important than ever and may enhance your ability to predict Workiva's future price movements. Getting to know how Workiva's peers 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 Workiva may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CWAN | Clearwater Analytics Holdings | (0.17) | 9 per month | 0.00 | (0.11) | 2.46 | (3.22) | 14.00 | |
| MLNK | Meridianlink | 0.31 | 12 per month | 0.00 | (0.17) | 2.19 | (3.60) | 18.02 | |
| ZI | ZoomInfo Technologies | (0.03) | 9 per month | 2.26 | (0.01) | 3.63 | (3.33) | 20.81 |
Workiva Additional Predictive Modules
Most predictive techniques to examine Workiva price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Workiva using various technical indicators. When you analyze Workiva 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Workiva Predictive Indicators
The successful prediction of Workiva 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 Workiva, 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 Workiva based on analysis of Workiva hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Workiva's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Workiva's related companies. | 2021 | 2022 | 2023 (projected) | Dividend Yield | 2.52E-4 | 3.0E-6 | 2.0E-6 | Price To Sales Ratio | 15.05 | 8.27 | 8.72 |
Story Coverage note for Workiva
The number of cover stories for Workiva depends on current market conditions and Workiva's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Workiva 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 Workiva's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
Contributor Headline
Latest Perspective From Macroaxis
View All Premium Stories
Workiva Short Properties
Workiva's future price predictability will typically decrease when Workiva's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Workiva often depends not only on the future outlook of the potential Workiva'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. Workiva's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 54.1 M | |
| Cash And Short Term Investments | 813.7 M |
Check out Workiva Basic Forecasting Models to cross-verify your projections. For more information on how to buy Workiva Stock please use our How to buy in Workiva Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Workiva Stock analysis
When running Workiva's price analysis, check to measure Workiva'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 Workiva is operating at the current time. Most of Workiva's value examination focuses on studying past and present price action to predict the probability of Workiva's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workiva's price. Additionally, you may evaluate how the addition of Workiva to your portfolios can decrease your overall portfolio volatility.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |
Is Workiva'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 Workiva. If investors know Workiva 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 Workiva listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.36) | Revenue Per Share 11.646 | Quarterly Revenue Growth 0.159 | Return On Assets (0.04) | Return On Equity (27.63) |
The market value of Workiva is measured differently than its book value, which is the value of Workiva that is recorded on the company's balance sheet. Investors also form their own opinion of Workiva's value that differs from its market value or its book value, called intrinsic value, which is Workiva'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 Workiva's market value can be influenced by many factors that don't directly affect Workiva'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 Workiva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workiva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workiva'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.