World Acceptance Stock Technical Analysis

WRLD Stock  USD 132.33  1.47  1.12%   
As of the 19th of April, World Acceptance maintains the Mean Deviation of 1.99, market risk adjusted performance of (0.03), and Standard Deviation of 2.59. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of World Acceptance, 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 and interpolate thirteen technical drivers for World Acceptance, which can be compared to its peers. Please check out World Acceptance market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if World Acceptance is priced fairly, providing market reflects its latest price of 132.33 per share. Given that World Acceptance has information ratio of (0.06), we strongly advise you to confirm World Acceptance's prevalent market performance to make sure the company can sustain itself at a future point.

World Acceptance Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as World, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to World
  
World Acceptance'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.
World Acceptance 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 World Acceptance technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of World Acceptance 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...

World Acceptance Technical Analysis

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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 World Acceptance volatility. High ATR values indicate high volatility, and low values indicate low volatility.

World Acceptance Trend Analysis

Use this graph to draw trend lines for World Acceptance. You can use it to identify possible trend reversals for World Acceptance 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 World Acceptance price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

World Acceptance Best Fit Change Line

The following chart estimates an ordinary least squares regression model for World Acceptance applied against its price change over selected period. The best fit line has a slop of   0.07  , which means World Acceptance will continue generating value for investors. It has 122 observation points and a regression sum of squares at 197.03, which is the sum of squared deviations for the predicted World Acceptance price change compared to its average price change.

About World Acceptance 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 World Acceptance 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 World Acceptance based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on World Acceptance price pattern first instead of the macroeconomic environment surrounding World Acceptance. By analyzing World Acceptance'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 World Acceptance'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 World Acceptance specific price patterns or momentum indicators. Please read more on our technical analysis page.

World Acceptance April 19, 2024 Technical Indicators

Most technical analysis of World 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 World from various momentum indicators to cycle indicators. When you analyze World 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.

World Acceptance April 19, 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 World 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 World Acceptance is a strong investment it is important to analyze World Acceptance's 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 World Acceptance's future performance. For an informed investment choice regarding World 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 World Acceptance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For information on how to trade World Stock refer to our How to Trade World Stock guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for World Stock analysis

When running World Acceptance's price analysis, check to measure World Acceptance'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 World Acceptance is operating at the current time. Most of World Acceptance's value examination focuses on studying past and present price action to predict the probability of World Acceptance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move World Acceptance's price. Additionally, you may evaluate how the addition of World Acceptance to your portfolios can decrease your overall portfolio volatility.
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Is World Acceptance'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 World Acceptance. If investors know World 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 World Acceptance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of World Acceptance is measured differently than its book value, which is the value of World that is recorded on the company's balance sheet. Investors also form their own opinion of World Acceptance's value that differs from its market value or its book value, called intrinsic value, which is World Acceptance'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 World Acceptance's market value can be influenced by many factors that don't directly affect World Acceptance'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 World Acceptance's value and its price as these two are different measures arrived at by different means. Investors typically determine if World Acceptance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, World Acceptance'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.