Washington Trust Stock Forecast - Daily Balance Of Power

WASH Stock  USD 31.77  0.06  0.19%   
Washington Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Washington Trust's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The Washington Trust's current Asset Turnover is estimated to increase to 0.05, while Receivables Turnover is projected to decrease to 6.75. . The Washington Trust's current Net Income Applicable To Common Shares is estimated to increase to about 86.6 M, while Common Stock Shares Outstanding is projected to decrease to under 15.1 M.
On December 23, 2024 Washington Trust Bancorp had Daily Balance Of Power of 0.5181. Balance of Power indicator (or BOP) measures the strength of Washington Trust Bancorp market sensitivity to bulls and bears. It estimates the ability of Washington Trust buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Washington Trust Balance of Power indicator one can determine a trend of the price direction.
Check Washington Trust VolatilityBacktest Washington TrustTrend Details  

Washington Trust Trading Date Momentum

On December 24 2024 Washington Trust Bancorp was traded for  31.77  at the closing time. The top price for the day was 32.00  and the lowest listed price was  31.45 . The trading volume for the day was 97.9 K. The trading history from December 24, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.19% . The trading price change against the current closing price is 0.38% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare Washington Trust to competition

Other Forecasting Options for Washington Trust

For every potential investor in Washington, whether a beginner or expert, Washington Trust's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Washington Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Washington. Basic forecasting techniques help filter out the noise by identifying Washington Trust's price trends.

View Washington Trust Related Equities

 Risk & Return  Correlation

Washington Trust Bancorp Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Washington Trust's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Washington Trust's current price.

Washington Trust Market Strength Events

Market strength indicators help investors to evaluate how Washington Trust stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Washington Trust shares will generate the highest return on investment. By undertsting and applying Washington Trust stock market strength indicators, traders can identify Washington Trust Bancorp entry and exit signals to maximize returns.

Washington Trust Risk Indicators

The analysis of Washington Trust's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Washington Trust's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting washington stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Currently Active Assets on Macroaxis

When determining whether Washington Trust Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Washington Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Washington Trust Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Washington Trust Bancorp Stock:
Check out Historical Fundamental Analysis of Washington Trust to cross-verify your projections.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Regional Banks space 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 Washington Trust. If investors know Washington 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 Washington Trust 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
(0.01)
Dividend Share
2.24
Earnings Share
2.67
Revenue Per Share
11.087
Quarterly Revenue Growth
(0)
The market value of Washington Trust Bancorp is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Trust's value that differs from its market value or its book value, called intrinsic value, which is Washington Trust'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 Washington Trust's market value can be influenced by many factors that don't directly affect Washington Trust'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 Washington Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Trust'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.