Wolverine World Wide Stock Momentum Indicators Commodity Channel Index

WWW Stock  USD 13.15  0.24  1.79%   
Wolverine World momentum indicators tool provides the execution environment for running the Commodity Channel Index indicator and other technical functions against Wolverine World. Wolverine World value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Commodity Channel Index indicator function is designed to identify and follow existing trends. Momentum indicators of Wolverine World are pattern recognition functions that provide distinct formation on Wolverine World potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was six with a total number of output elements of fifty-five. The Commodity Channel Index (CCI) is designed to detect Wolverine World beginning and ending market trends using 100 to -100 scale. CCI values outside of this range indicate overbought or oversold conditions. If the price of Wolverine World Wide is making new highs, and the CCI is not, then a price correction is likely to happen soon.

Wolverine World Technical Analysis Modules

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

About Wolverine World Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Wolverine World Wide. We use our internally-developed statistical techniques to arrive at the intrinsic value of Wolverine World Wide based on widely used predictive technical indicators. In general, we focus on analyzing Wolverine Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Wolverine World's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Wolverine World's intrinsic value. In addition to deriving basic predictive indicators for Wolverine World, we also check how macroeconomic factors affect Wolverine World price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2016 2022 2023 2024 (projected)
Dividend Yield0.01120.03770.03390.0356
Price To Sales Ratio0.840.320.290.28
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wolverine World'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.
Hype
Prediction
LowEstimatedHigh
10.7913.8116.83
Details
Intrinsic
Valuation
LowRealHigh
9.3412.3615.38
Details
Naive
Forecast
LowNextHigh
9.7012.7315.75
Details
9 Analysts
Consensus
LowTargetHigh
11.1512.2513.60
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Wolverine World. Your research has to be compared to or analyzed against Wolverine World's peers to derive any actionable benefits. When done correctly, Wolverine World's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Wolverine World Wide.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Wolverine World in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Wolverine World's short interest history, or implied volatility extrapolated from Wolverine World options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Banking Idea
Banking
Invested over 30 shares
Driverless Cars Idea
Driverless Cars
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 70 shares
When determining whether Wolverine World Wide is a strong investment it is important to analyze Wolverine World'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 Wolverine World's future performance. For an informed investment choice regarding Wolverine 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 Wolverine World Wide. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Wolverine Stock analysis

When running Wolverine World's price analysis, check to measure Wolverine World'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 Wolverine World is operating at the current time. Most of Wolverine World's value examination focuses on studying past and present price action to predict the probability of Wolverine World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolverine World's price. Additionally, you may evaluate how the addition of Wolverine World to your portfolios can decrease your overall portfolio volatility.
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Is Wolverine World'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 Wolverine World. If investors know Wolverine 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 Wolverine World 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
(0.78)
Dividend Share
0.4
Earnings Share
(0.93)
Revenue Per Share
25.624
Quarterly Revenue Growth
(0.34)
The market value of Wolverine World Wide is measured differently than its book value, which is the value of Wolverine that is recorded on the company's balance sheet. Investors also form their own opinion of Wolverine World's value that differs from its market value or its book value, called intrinsic value, which is Wolverine World'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 Wolverine World's market value can be influenced by many factors that don't directly affect Wolverine World'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 Wolverine World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wolverine World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wolverine World'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.