Workhorse (Germany) Today
| 1WO Stock | EUR 0.14 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 37
|
Workhorse is trading at 0.14 as of the 30th of April 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.14. Workhorse has about a 37 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Workhorse Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of March 2024 and ending today, the 30th of April 2024. Click here to learn more.
Workhorse Group Inc. designs, manufactures, builds, sells, and leases battery-electric vehicles and aircraft in the United States. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio. Workhorse is traded on Frankfurt Stock Exchange in Germany. The company has 164.1 M outstanding shares. More on Workhorse Group
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Follow Valuation Odds of Bankruptcy
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Workhorse Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Workhorse's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Workhorse or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Stephen Burns |
| Business Concentration | Auto Manufacturers, Consumer Cyclical (View all Sectors) |
Workhorse Group (1WO) is traded on Frankfurt Exchange in Germany and employs 221 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 314.34 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Workhorse's market, we take the total number of its shares issued and multiply it by Workhorse's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Workhorse Group classifies itself under Consumer Cyclical sector and is part of Auto Manufacturers industry. The entity has 164.1 M outstanding shares.
Workhorse Group has accumulated about 2.85 M in cash with (132.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
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Ownership AllocationWorkhorse Group retains a total of 164.1 Million outstanding shares. 30% of Workhorse outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Workhorse Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Workhorse jumping above the current price in 90 days from now is roughly 96.0%. The Workhorse Group probability density function shows the probability of Workhorse stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the stock has a beta coefficient of 2.3083. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Workhorse will likely underperform. Additionally, workhorse Group has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Workhorse to move above the current price in 90 days from now is roughly 96.0 (This Workhorse Group probability density function shows the probability of Workhorse Stock to fall within a particular range of prices over 90 days) .
Workhorse Group Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Workhorse market risk premium is the additional return an investor will receive from holding Workhorse long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Workhorse. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Workhorse's alpha and beta are two of the key measurements used to evaluate Workhorse's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.86 | |||
| Standard Deviation | 7.87 | |||
| Variance | 61.88 | |||
| Risk Adjusted Performance | (0.05) |
Workhorse Stock Against Markets
Picking the right benchmark for Workhorse stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Workhorse stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Workhorse is critical whether you are bullish or bearish towards Workhorse Group at a given time. Please also check how Workhorse's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Workhorse without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Workhorse Corporate Directors
Workhorse corporate directors refer to members of a Workhorse board of directors. The board of directors generally takes responsibility for the Workhorse's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Workhorse's board members must vote for the resolution. The Workhorse board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Michael Clark | Director | Profile | |
| Gerald Budde | Director | Profile | |
| Samuels | Director | Profile | |
| Harry DeMott | Director | Profile |
How to buy Workhorse Stock?
Before investing in Workhorse, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Workhorse. To buy Workhorse stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Workhorse. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Workhorse stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Workhorse Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Workhorse Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Workhorse Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Workhorse Stock please use our How to Invest in Workhorse guide.
Already Invested in Workhorse Group?
The danger of trading Workhorse Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Workhorse is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Workhorse. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Workhorse Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Workhorse Group is a strong investment it is important to analyze Workhorse'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 Workhorse's future performance. For an informed investment choice regarding Workhorse Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Workhorse Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Workhorse Stock analysis
When running Workhorse's price analysis, check to measure Workhorse'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 Workhorse is operating at the current time. Most of Workhorse's value examination focuses on studying past and present price action to predict the probability of Workhorse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workhorse's price. Additionally, you may evaluate how the addition of Workhorse to your portfolios can decrease your overall portfolio volatility.
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