GE vs WKHS: Stock Comparison in Industrial & Motor Vehicles
Comparative Study: Trading Strategies
Compare GE vs WKHS and Compare Day Trader: Medium Volatility Stocks for Active Trading (TA&FA) 27.62% vs Swing Trader: Deep Trend Analysis (TA) 54.94%
Two distinct trading strategies can often lead to disparate outcomes based on the nature of the stocks involved. A day trader who focuses on medium volatility stocks for active trading (Technical Analysis & Fundamental Analysis) recorded a return of 27.62%. In contrast, a swing trader who employs deep trend analysis (Technical Analysis) boasted a higher return of 54.94%. The effectiveness of these strategies can vary significantly depending on the volatility and trend of the market.
Weekly Price Growth Comparison: GE and WKHS
Examining the weekly price change, GE (Industrial Machinery industry) experienced a marginal dip of -0.01%. This is significantly lower compared to WKHS (Motor Vehicles industry) which saw an impressive price surge of +25.22% during the same period.
The average weekly price growth for all stocks in the Industrial Machinery industry was +1.61%, showcasing that GE underperformed in this sector. On the other hand, the Motor Vehicles industry recorded an average weekly growth of +6.67%, implying that WKHS significantly outpaced its industry average.
Monthly and Quarterly Price Growth Analysis
When extending the observation period to a monthly and quarterly timeframe, we find that the Industrial Machinery industry (GE's sector) grew by +5.78% and +13.45% respectively. In contrast, the Motor Vehicles industry (WKHS's sector) reported an average monthly growth of +9.83%, but saw a lesser quarterly growth of +2.56%. This difference in trends points towards a high monthly performance but a relatively lower quarterly growth for the Motor Vehicles sector, while the Industrial Machinery sector exhibits a more consistent growth pattern over the longer term.
Earnings Release Dates
It's noteworthy that GE is expected to report earnings on July 25, 2023, while WKHS is set to announce its earnings on August 07, 2023. Investors typically pay close attention to these dates, as the reports often trigger significant price movements and provide insights into the companies' operational and financial health.
Industry Performance
Overall, both the Industrial Machinery industry (+1.61% weekly) and the Motor Vehicles industry (+6.67% weekly) demonstrated positive weekly growth. Despite the overall growth, the performance of individual stocks like GE and WKHS varied greatly within their respective sectors.
The comparison of GE and WKHS offers crucial insights into the performance of stocks within their respective sectors and underscores the importance of choosing appropriate trading strategies. It also illustrates that while sector-wide trends can provide a useful context, individual stock performances can deviate significantly from their industry averages.
GE's Stochastic Oscillator sits in oversold zone for 2 days
Be on the lookout for a price bounce soon.
Notable companies
Industry description
Market Cap
High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a manufacturer of products for the generation, transmission, distribution, control and utilization of electricity; manufactures aircraft engines and medical equipment
Industry AerospaceDefense