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WKSP Stock Analysis

Data source: Trade-Ideas Alerts | 28 alerts analyzed | Backtest period: 2022-06-22 → 2025-02-04

⚠️ Small sample size (28 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

Worksport, Ltd. Common Stock MOTOR VEHICLE PARTS & ACCESSORIES (SIC 3714)
📍 NASDAQ 📅 IPO: Aug 03, 1998 🔗 www.worksport.com
💰 Market Cap: $20.4M 👥 Employees: 81
Worksport Ltd through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. The company's product includes soft vinyl tonneau covers and hard aluminum tonneau covers. It operates in two reporting segments for financial reporting purposes: Hard Tonneau Covers and Soft Tonneau Covers. Geographically, the company operates in Canada, United States and Other Countries.
📊
28
Total Alerts
🎯
96.4%
Win Rate (EOD)
💰
+829.80%
Avg Gain (EOD)
🚀
+6.78%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 53.6%
Avg Gain: +0.11%
Avg Winner: +2.23%
Avg Loser: -2.52%
Best: +6.73%
Worst: -7.61%
Trades: 15/12

15MIN

Win Rate: 35.7%
Avg Gain: -1.04%
Avg Winner: +2.90%
Avg Loser: -3.64%
Best: +4.63%
Worst: -9.12%
Trades: 10/16

30MIN

Win Rate: 37.0%
Avg Gain: -1.19%
Avg Winner: +3.94%
Avg Loser: -4.21%
Best: +10.75%
Worst: -9.10%
Trades: 10/17

60MIN

Win Rate: 37.0%
Avg Gain: -1.10%
Avg Winner: +4.75%
Avg Loser: -4.55%
Best: +11.43%
Worst: -10.26%
Trades: 10/17

EOD (End of Day)

Win Rate: 96.4%
Avg Gain: +829.80%
Avg Winner: +861.06%
Avg Loser: -14.30%
Best: +1016.93%
Worst: -14.30%
Trades: 27/1

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +6.78%
Best MFE: +18.67%
Avg Time to MFE: 112 min

On average, WKSP alerts reach +6.78% profit potential within 112 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -2.66%
Worst MAE: -8.89%
Avg Time to MAE: 16 min

Before reaching MFE, expect an average drawdown of 2.66%.

⚖️ Risk/Reward Ratio

2.54:1

Excellent risk/reward - potential gain is 2.54x the typical drawdown.

💡 Trading Insight: Based on 28 alerts, WKSP typically reaches +6.78% profit before pulling back. Consider setting profit targets around 5.4% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 28
Gap Up % 32.1%
Avg Gap -0.32%
Best Gap +4.35%

🏭 Sector Comparison: MOTOR VEHICLE PARTS & ACCESSORIES

How WKSP compares to 18 other tickers in the same sector.

5-Min Gain
WKSP: +0.07% Sector: -0.68% +0.74%
EOD Gain
WKSP: +825.27% Sector: +576.01% +249.26%
Avg MFE
WKSP: +7.17% Sector: +7.31% -0.14%

📋 Last 20 Alerts

Historical WKSP alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2025-02-04 09:28:54 $0.94 +1.07% -0.52% +1.92% - +903.42% +2.66% -1.02% -1.02% WIN
2025-02-03 09:26:38 $0.9 +1.45% -2.79% -4.42% -2.10% +2.01% +3.75% -4.48% +0.55% WIN
2025-01-29 09:26:35 $1.03 -1.94% -5.83% -5.83% -0.97% +900.00% +6.80% -7.77% -1.94% LOSS
2025-01-28 09:25:53 $0.92 +1.37% +4.36% +10.75% +4.89% +976.09% +13.04% -0.11% +4.35% WIN
2025-01-24 09:25:04 $0.96 +3.31% -1.67% -5.10% -3.04% +847.92% +5.21% +4.17% +4.17% WIN
2025-01-22 09:25:29 $0.86 +0.98% +4.57% +6.10% +9.94% +1016.93% +18.67% -0.19% +0.29% WIN
2025-01-21 09:25:46 $0.85 -0.95% -5.89% -5.88% -8.07% +878.82% +2.35% +1.18% - LOSS
2025-01-07 09:28:47 $1.07 - -1.87% +2.34% +0.47% +826.07% +3.74% -2.90% - -
2024-12-23 09:26:02 $0.88 +1.60% +1.92% -1.43% -5.67% +815.44% +3.83% +0.01% -0.42% WIN
2024-12-19 09:29:27 $0.9 -1.60% -2.72% -2.72% -8.25% +813.22% +0.10% -1.60% - LOSS
2024-12-18 09:26:47 $1.0 -0.03% -2.50% -5.01% -5.76% +741.50% -0.00% -2.18% -2.18% LOSS
2024-12-16 09:28:34 $1.06 +0.94% -3.77% -5.19% -7.54% +843.40% +1.89% -0.88% - WIN
2024-12-12 09:25:55 $0.89 +2.05% +0.26% -0.26% +0.48% +897.98% +5.00% -1.31% -0.19% WIN
2024-12-11 09:28:25 $0.88 -1.11% -1.11% +0.11% -2.26% +905.80% +7.85% -4.42% -3.40% LOSS
2024-12-10 09:26:40 $0.89 -7.61% -7.68% -9.10% -10.26% +840.34% +0.19% -3.19% -0.93% LOSS
2024-12-09 09:29:10 $0.9 -2.84% -5.17% -4.44% -0.01% +879.78% +5.03% -8.89% -0.52% LOSS
2024-12-06 09:26:36 $0.7 +1.16% +3.41% +6.49% +11.43% +1001.43% +15.43% -1.43% +1.43% WIN
2024-12-05 09:25:00 $0.65 +5.74% +4.63% +4.14% +4.15% +919.85% +16.14% -1.54% +3.08% WIN
2024-11-21 09:29:20 $0.56 -2.02% -2.71% -0.64% +9.10% +928.92% +15.31% -5.96% -0.66% LOSS
2024-11-14 09:26:43 $0.85 +2.90% -9.12% -8.90% -9.53% -14.30% +4.76% -3.33% +0.58% WIN

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

🚀 Beat the 96.4% Baseline on WKSP

The 96.4% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push WKSP's performance to 75%+.

Optimize WKSP Strategy →

Why Analyze WKSP with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for WKSP. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, WKSP historically offers an average upside of +6.78% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 WKSP Momentum Personality

With a baseline win rate of 96.4%, WKSP shows strong follow-through, making it a prime candidate for momentum strategies.

⏱️ Optimized Exit Timing

Don't guess when to sell. Our backtests show WKSP performs best on the EOD (End of Day) timeframe (Avg Gain: +829.80%), signaling that gains often fade later in the session.