WeConnect (France) Price on December 4, 2024

ALWEC Stock  EUR 17.20  0.10  0.58%   
If you're considering investing in WeConnect Stock, it is important to understand the factors that can impact its price. As of today, the current price of WeConnect stands at 17.20, as last reported on the 4th of December, with the highest price reaching 17.40 and the lowest price hitting 17.00 during the day. WeConnect retains Efficiency (Sharpe Ratio) of -0.11, which attests that the company had a -0.11% return per unit of volatility over the last 3 months. WeConnect exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WeConnect's Mean Deviation of 1.02, market risk adjusted performance of (0.63), and Information Ratio of (0.20) to validate the risk estimate we provide.
  
WeConnect Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1051

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Estimated Market Risk

 1.5
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.16
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average WeConnect is not performing at its full potential. However, 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 WeConnect by adding WeConnect to a well-diversified portfolio.

WeConnect Valuation on December 4, 2024

It is possible to determine the worth of WeConnect on a given historical date. On December 4, 2024 WeConnect was worth 17.4 at the beginning of the trading date compared to the closed value of 17.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WeConnect stock. Still, in general, we apply an absolute valuation method to find WeConnect'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 WeConnect where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WeConnect's related companies.
 Open High Low Close Volume
  17.40    17.40    17.00    17.20    1,102  
12/04/2024
  17.40    17.40    17.00    17.20    0.00  
Backtest WeConnect  |  WeConnect History  |  WeConnect Valuation   Previous
Open Value
17.4
17.2
Closing Value
21.91
Upside

WeConnect Trading Date Momentum on December 4, 2024

On December 04 2024 WeConnect was traded for  17.20  at the closing time. The highest price during the trading period was 17.40  and the lowest recorded bid was listed for  17.00 . There was no trading activity during the period 0.0. Lack of trading volume on December 4, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 1.16% .

WeConnect Fundamentals Correlations and Trends

By evaluating WeConnect'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 WeConnect's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WeConnect financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About WeConnect Stock history

WeConnect 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 WeConnect is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WeConnect 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 WeConnect stock prices may prove useful in developing a viable investing in WeConnect
We.Connect SA designs, manufactures, assembles, and distributes computers, and peripheral and electronic equipment in France. The companys products also consist of tablet accessories comprising universal cases and tablet holders audio equipment consisting of Bluetooth speakers and radio products luggage storage products smartphone, car, and sports accessories light and sound products and toys and gaming products. We Connect operates under Consumer Electronics classification in France and is traded on Paris Stock Exchange. It employs 87 people.

WeConnect Stock Technical Analysis

WeConnect 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.
A focus of WeConnect technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WeConnect trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

WeConnect Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

WeConnect cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.

WeConnect December 4, 2024 Market Strength

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

WeConnect Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for WeConnect's price direction in advance. Along with the technical and fundamental analysis of WeConnect Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WeConnect 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.

Additional Tools for WeConnect Stock Analysis

When running WeConnect's price analysis, check to measure WeConnect'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 WeConnect is operating at the current time. Most of WeConnect's value examination focuses on studying past and present price action to predict the probability of WeConnect's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WeConnect's price. Additionally, you may evaluate how the addition of WeConnect to your portfolios can decrease your overall portfolio volatility.