Wisdom Marine (Taiwan) Price on December 2, 2024
| 2637 Stock | TWD 70.70 1.00 1.39% |
If you're considering investing in Wisdom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wisdom Marine stands at 70.70, as last reported on the 11th of December 2024, with the highest price reaching 73.10 and the lowest price hitting 70.60 during the day. At this stage we consider Wisdom Stock to be very steady. Wisdom Marine Lines shows Sharpe Ratio of 0.073, which attests that the company had a 0.073% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wisdom Marine Lines, which you can use to evaluate the volatility of the company. Please check out Wisdom Marine's Downside Deviation of 2.19, mean deviation of 1.36, and Market Risk Adjusted Performance of (0.57) to validate if the risk estimate we provide is consistent with the expected return of 0.16%.
Wisdom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wisdom |
Sharpe Ratio = 0.073
| Best Portfolio | Best Equity | |||
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| Small Returns | 2637 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Wisdom Marine is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Wisdom Marine by adding it to a well-diversified portfolio.
Wisdom Marine Valuation on December 2, 2024
It is possible to determine the worth of Wisdom Marine on a given historical date. On December 2, 2024 Wisdom was worth 75.3 at the beginning of the trading date compared to the closed value of 73.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wisdom Marine stock. Still, in general, we apply an absolute valuation method to find Wisdom Marine's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Wisdom Marine where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wisdom Marine's related companies.
| Open | High | Low | Close | Volume | |
| 74.70 | 75.80 | 74.20 | 74.50 | 3,418,337 | |
12/02/2024 | 75.30 | 75.50 | 72.50 | 73.20 | 5,608,730 |
| 73.20 | 74.20 | 72.60 | 72.90 | 6,432,181 |
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Wisdom Marine Trading Date Momentum on December 2, 2024
| On December 03 2024 Wisdom Marine Lines was traded for 72.90 at the closing time. The highest price during the trading period was 74.20 and the lowest recorded bid was listed for 72.60 . The volume for the day was 6.4 M. This history from December 3, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.41% . The trading price change to the current price is 1.23% . |
Wisdom Marine Lines Fundamentals Correlations and Trends
By evaluating Wisdom Marine's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Wisdom Marine's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wisdom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wisdom Marine Stock history
Wisdom Marine investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Wisdom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wisdom Marine Lines will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Wisdom Marine stock prices may prove useful in developing a viable investing in Wisdom Marine
Wisdom Marine Lines Co., Limited, together with its subsidiaries, primarily provides marine cargo transportation services in the Netherlands, Japan, Singapore, Denmark, Hong Kong, and internationally. The company was founded in 1999 and is headquartered in Taipei, Taiwan. WISDOM MARINE operates under Shipping Ports classification in Taiwan and is traded on Taiwan Stock Exchange.
Wisdom Marine Stock Technical Analysis
Wisdom Marine technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Wisdom Marine Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Wisdom Marine Lines cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Wisdom Marine December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Wisdom Marine stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wisdom Marine shares will generate the highest return on investment. By undertsting and applying Wisdom Marine stock market strength indicators, traders can identify Wisdom Marine Lines entry and exit signals to maximize returns
Wisdom Marine Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wisdom Marine's price direction in advance. Along with the technical and fundamental analysis of Wisdom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wisdom to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.058 | |||
| Jensen Alpha | 0.1661 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0111 | |||
| Treynor Ratio | (0.58) |
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Additional Tools for Wisdom Stock Analysis
When running Wisdom Marine's price analysis, check to measure Wisdom Marine'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 Wisdom Marine is operating at the current time. Most of Wisdom Marine's value examination focuses on studying past and present price action to predict the probability of Wisdom Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wisdom Marine's price. Additionally, you may evaluate how the addition of Wisdom Marine to your portfolios can decrease your overall portfolio volatility.