Wabash National Stock Price Prediction
| WNC Stock | USD 24.05 0.56 2.28% |
Oversold Vs Overbought
39
Oversold | Overbought |
Wabash National stock price prediction is an act of determining the future value of Wabash National shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Wabash National'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 Wabash National and does not consider all of the tangible or intangible factors available from Wabash National's fundamental data. We analyze noise-free headlines and recent hype associated with Wabash National, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Wabash National's stock price prediction:Quarterly Earnings Growth (0.62) | EPS Estimate Next Quarter 0.57 | EPS Estimate Current Year 2.13 | EPS Estimate Next Year 2.8 | Wall Street Target Price 27.67 |
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 Wabash National based on different types of headlines from major news networks to social media. The Wabash stock price prediction module provides an analysis of price elasticity to changes in media outlook on Wabash National over a specific investment horizon. Using Wabash National hype-based prediction, you can estimate the value of Wabash National from the perspective of Wabash National response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Wabash National using Wabash National's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Wabash using crowd psychology based on the activity and movement of Wabash National's stock price.
Wabash National Implied Volatility | 36.47 |
Wabash National's implied volatility exposes the market's sentiment of Wabash National stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Wabash National'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 Wabash National stock will not fluctuate a lot when Wabash National's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Wabash National. 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 Wabash National to buy its stock at a price that has no basis in reality. In that case, they are not buying Wabash 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.
Wabash National after-hype prediction price | USD 24.65 |
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.
Wabash |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wabash National'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.
Wabash National After-Hype Price Prediction Density Analysis
As far as predicting the price of Wabash National 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 Wabash National 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 Wabash National, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Wabash National Estimiated After-Hype Price Volatility
In the context of predicting Wabash National's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Wabash National's historical news coverage. Wabash National's after-hype downside and upside margins for the prediction period are 22.25 and 27.05, respectively. We have considered Wabash National'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
Wabash National is very steady at this time. Analysis and calculation of next after-hype price of Wabash National is based on 3 months time horizon.
Wabash National Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Wabash National is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Wabash National 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 Wabash National, 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 |
0.05 | 2.44 | 0.03 | 0.09 | 9 Events / Month | 5 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
24.05 | 24.65 | 0.16 |
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Wabash National Hype Timeline
On the 30th of April Wabash National is traded for 24.05. The entity has historical hype elasticity of 0.03, and average elasticity to hype of competition of -0.09. Wabash is estimated to increase in value after the next headline, with the price projected to jump to 24.65 or above. The average volatility of media hype impact on the company the price is over 100%. The price growth on the next news is projected to be 0.16%, whereas the daily expected return is at this time at -0.05%. The volatility of related hype on Wabash National is about 142.69%, with the expected price after the next announcement by competition of 23.96. The company reported the last year's revenue of 2.54 B. Total Income to common stockholders was 231.25 M with profit before taxes, overhead, and interest of 322.69 M. Considering the 90-day investment horizon the next estimated press release will be in about 9 days. Check out Wabash National Basic Forecasting Models to cross-verify your projections.Wabash National Related Hype Analysis
Having access to credible news sources related to Wabash National's direct competition is more important than ever and may enhance your ability to predict Wabash National's future price movements. Getting to know how Wabash National'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 Wabash National may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AGCO | AGCO Corporation | (1.42) | 11 per month | 0.00 | (0.09) | 2.11 | (2.61) | 6.27 | |
| CNHI | CNH Industrial NV | (0.32) | 10 per month | 0.00 | (0.07) | 2.73 | (2.55) | 12.76 | |
| DE | Deere Company | (8.49) | 10 per month | 1.36 | (0.04) | 2.12 | (1.67) | 7.35 | |
| LNN | Lindsay | (0.06) | 5 per month | 0.00 | (0.13) | 2.34 | (2.96) | 8.83 | |
| IDEX | Ideanomics | 0.04 | 10 per month | 6.22 | (0) | 9.68 | (7.78) | 87.18 | |
| LEV | Lion Electric Corp | (0.01) | 5 per month | 0.00 | (0.27) | 4.14 | (5.13) | 16.72 |
Wabash National Additional Predictive Modules
Most predictive techniques to examine Wabash price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Wabash using various technical indicators. When you analyze Wabash 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 Wabash National Predictive Indicators
The successful prediction of Wabash National 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 Wabash National, 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 Wabash National based on analysis of Wabash National hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Wabash National's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Wabash National's related companies. | 2022 | 2023 (projected) | Dividend Yield | 0.0146 | 0.0132 | Price To Sales Ratio | 0.44 | 0.47 |
Story Coverage note for Wabash National
The number of cover stories for Wabash National depends on current market conditions and Wabash National's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Wabash National 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 Wabash National's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Wabash National Short Properties
Wabash National's future price predictability will typically decrease when Wabash National's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Wabash National often depends not only on the future outlook of the potential Wabash National'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. Wabash National's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 48 M | |
| Cash And Short Term Investments | 179.3 M |
Check out Wabash National Basic Forecasting Models to cross-verify your projections. For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Wabash Stock analysis
When running Wabash National's price analysis, check to measure Wabash National'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 Wabash National is operating at the current time. Most of Wabash National's value examination focuses on studying past and present price action to predict the probability of Wabash National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wabash National's price. Additionally, you may evaluate how the addition of Wabash National to your portfolios can decrease your overall portfolio volatility.
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Is Wabash National'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 Wabash National. If investors know Wabash 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 Wabash National 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 (0.62) | Dividend Share 0.32 | Earnings Share 4.16 | Revenue Per Share 52.372 | Quarterly Revenue Growth (0.17) |
The market value of Wabash National is measured differently than its book value, which is the value of Wabash that is recorded on the company's balance sheet. Investors also form their own opinion of Wabash National's value that differs from its market value or its book value, called intrinsic value, which is Wabash National'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 Wabash National's market value can be influenced by many factors that don't directly affect Wabash National'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 Wabash National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wabash National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wabash National'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.