Wolverine World Wide Stock Performance
| WWW Stock | USD 10.75 0.14 1.29% |
On a scale of 0 to 100, Wolverine World holds a performance score of 9. The firm maintains a market beta of 2.58, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Wolverine World will likely underperform. Please check Wolverine World's sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to make a quick decision on whether Wolverine World's historical returns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Wolverine World Wide are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of fairly inconsistent basic indicators, Wolverine World showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.29) | Five Day Return (2.01) | Year To Date Return 24.42 | Ten Year Return (60.33) | All Time Return 1 K |
Forward Dividend Yield 0.0372 | Payout Ratio 0.2051 | Last Split Factor 2:1 | Forward Dividend Rate 0.4 | Dividend Date 2024-05-01 |
1 | Wolverine World Wide, Inc. Q4 2023 Earnings Call Transcript | 02/22/2024 |
2 | Wolverine works to put woman-made in the dictionary | 03/04/2024 |
3 | Disposition of 2045 shares by Christopher Hufnagel of Wolverine World at 8.79 subject to Rule 16b-3 | 03/25/2024 |
4 | Why Is Carters Up 1.5 percent Since Last Earnings Report | 03/28/2024 |
5 | Wolverine World Wide Shares Up 2.9 percent - MarketBeat | 04/15/2024 |
6 | Trailer for Deadpool and Wolverine is filled with fun slo-mo action, F-bombs | 04/22/2024 |
7 | Wolverine Worldwide Announces First Quarter Fiscal 2024 Conference Call for May 8, 2024 | 04/24/2024 |
8 | Ryan Reynolds and Rob McElhenney say they have no dignity when it comes to long-running projects | 04/29/2024 |
9 | UBS raises Wolverine World Wide shares target ahead of Q1 results | 04/30/2024 |
| Wolverine World dividend paid on 1st of May 2024 | 05/01/2024 |
11 | Wolverine World Wide investors are sitting on a loss of 73 percent if they invested three years ago | 05/03/2024 |
| Begin Period Cash Flow | 135.5 M |
Wolverine |
Wolverine World Relative Risk vs. Return Landscape
If you would invest 857.00 in Wolverine World Wide on February 5, 2024 and sell it today you would earn a total of 218.00 from holding Wolverine World Wide or generate 25.44% return on investment over 90 days. Wolverine World Wide is generating 0.4049% of daily returns assuming volatility of 3.1942% on return distribution over 90 days investment horizon. In other words, 28% of stocks are less volatile than Wolverine, and above 92% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Wolverine World Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wolverine World's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Wolverine World Wide, and traders can use it to determine the average amount a Wolverine World's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1268
| Best Portfolio | Best Equity | |||
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| Small Returns | WWW | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.19 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Wolverine World is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wolverine World by adding it to a well-diversified portfolio.
Wolverine World Fundamentals Growth
Wolverine Stock prices reflect investors' perceptions of the future prospects and financial health of Wolverine World, and Wolverine World fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Wolverine Stock performance.
| Return On Equity | -0.12 | ||||
| Return On Asset | 0.008 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | (0.20) % | ||||
| Current Valuation | 1.79 B | ||||
| Shares Outstanding | 79.91 M | ||||
| Price To Earning | 5.76 X | ||||
| Price To Book | 2.62 X | ||||
| Price To Sales | 0.32 X | ||||
| Revenue | 2.24 B | ||||
| Gross Profit | 1.07 B | ||||
| EBITDA | 59.3 M | ||||
| Net Income | (39.2 M) | ||||
| Cash And Equivalents | 131.5 M | ||||
| Cash Per Share | 1.73 X | ||||
| Total Debt | 1.09 B | ||||
| Debt To Equity | 2.46 % | ||||
| Current Ratio | 1.17 X | ||||
| Book Value Per Share | 3.50 X | ||||
| Cash Flow From Operations | 121.8 M | ||||
| Earnings Per Share | (0.51) X | ||||
| Market Capitalization | 859.04 M | ||||
| Total Asset | 2.06 B | ||||
| Retained Earnings | 834.8 M | ||||
| Working Capital | 155.7 M | ||||
| Current Asset | 364.64 M | ||||
| Current Liabilities | 80.18 M | ||||
About Wolverine World Performance
To evaluate Wolverine World Wide Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Wolverine World generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Wolverine Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Wolverine World Wide market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Wolverine's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 193.75 | 120.67 | |
| Return On Tangible Assets | (0.1) | (0.09) | |
| Return On Capital Employed | 0.09 | 0.1 | |
| Return On Assets | (0.07) | (0.06) | |
| Return On Equity | (0.64) | (0.61) |
Things to note about Wolverine World Wide performance evaluation
Checking the ongoing alerts about Wolverine World for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Wolverine World Wide help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Wolverine World Wide had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 2.24 B. Reported Net Loss for the year was (39.2 M) with profit before taxes, overhead, and interest of 1.07 B. | |
| Over 91.0% of the company outstanding shares are owned by institutional investors | |
| On 1st of May 2024 Wolverine World paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Wolverine World Wide investors are sitting on a loss of 73 percent if they invested three years ago |
- Analyzing Wolverine World's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Wolverine World's stock is overvalued or undervalued compared to its peers.
- Examining Wolverine World's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Wolverine World's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wolverine World's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Wolverine World's stock. These opinions can provide insight into Wolverine World's potential for growth and whether the stock is currently undervalued or overvalued.
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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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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 (0.51) | Revenue Per Share 28.248 | Quarterly Revenue Growth (0.21) |
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.