Workiva’s Stock Fell 7% In The Last Month, What Next?

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stock of verkiva (NYSE:WK) is down 7.2% over the past twenty-one trading days. In comparison, the broader S&P500 index gained 3.2% over the same period. The stock has fallen recently after hitting a 52-week high earlier in the month. Now, is WK stock poised to rise? Based on our machine learning analysis of stock price trends over the past seven years, WK stock has a 51% chance of growth in the next month (twenty one trading days). View our analysis Verkiva stock likely to rise for more information.

Day Five: WK -12%, vs. S&P500 0.03%; underperforming market

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(2% chance of occurrence)

  • stock of verkiva 12% drop increased by 0.03% in the five-day trading period ended 11/22/2021 against the broader market (S&P500)
  • A change of -12% or more in five trading days has a 2% chance of occurrence, which has happened 32 out of 1743 times in the past seven years.

Day 10: WK -13%, vs. S&P500 -0.3%; underperforming market

(3% chance of occurrence)

  • stock of verkiva 13% drop Over the past ten trading days (two weeks), the broader market (S&P 500) is down 0.3%
  • A change of -13% or more in ten business days has a 3% chance of occurrence, which has happened 45 out of 1738 times over the past seven years.

Twenty One Days: WK -7.2%, versus S&P500 3.2%; underperforming market

(16% chance of occurrence)

  • stock of verkiva drop of 7.2% Over the past twenty one trading days (one month), an increase of 3.2% over the broader market (S&P500)
  • A change of -7.2% or more in twenty-one trading days has a 16% chance of occurrence, which has happened 268 times out of 1727 in the past seven years.

While Verkiva stock could rise higher in the near term, there are several peers in the sector that look alike. A better bet than WK stock, Too, Verkiva Peer Comparison Summarizes how the company performs against peers on key metrics.

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