World Fuel Services Price on December 31, 2022
INTDelisted Stock | USD 24.26 0.31 1.29% |
If you're considering investing in World Stock, it is important to understand the factors that can impact its price. As of today, the current price of World Fuel stands at 24.26, as last reported on the 2nd of December, with the highest price reaching 24.32 and the lowest price hitting 23.80 during the day. We have found twenty-three technical indicators for World Fuel Services, which you can use to evaluate the volatility of the company. Please check out World Fuel's Mean Deviation of 1.43, standard deviation of 1.87, and Market Risk Adjusted Performance of 0.1112 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
World Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
World |
Sharpe Ratio = 0.0
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Based on monthly moving average World Fuel 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 World Fuel by adding World Fuel to a well-diversified portfolio.
World Fuel Valuation on December 31, 2022
It is possible to determine the worth of World Fuel on a given historical date. On December 31, 2022 World was worth 27.13 at the beginning of the trading date compared to the closed value of 27.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of World Fuel stock. Still, in general, we apply an absolute valuation method to find World Fuel'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 World Fuel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against World Fuel's related companies.
Open | High | Low | Close | Volume | |
26.80 | 27.45 | 26.80 | 27.22 | 203,217 | |
12/30/2022 | 27.13 | 27.37 | 26.96 | 27.18 | 210,939 |
27.30 | 27.37 | 26.31 | 26.40 | 303,083 |
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World Fuel Trading Date Momentum on December 31, 2022
On January 03 2023 World Fuel Services was traded for 26.40 at the closing time. Highest World Fuel's price during the trading hours was 27.37 and the lowest price during the day was 26.31 . The net volume was 303.1 K. The overall trading history on the 3rd of January contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.87% . The trading price change to current price is 1.77% . |
World Fuel Services Fundamentals Correlations and Trends
By evaluating World Fuel'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 World Fuel's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. World financial account trend analysis is a perfect complement when working with valuation or volatility modules.About World Fuel Stock history
World Fuel 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 World is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in World Fuel Services 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 World Fuel stock prices may prove useful in developing a viable investing in World Fuel
World Fuel Services Corporation engages in the distribution of fuel and related products and services in the aviation, marine and land transportation industries worldwide. World Fuel Services Corporation was incorporated in 1984 and is headquartered in Miami, Florida. World Fuel operates under Oil Gas Refining Marketing classification in the United States and is traded on New York Stock Exchange. It employs 4414 people.
World Fuel Stock Technical Analysis
World Fuel 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
World Fuel Period Price Range
Low | December 2, 2024
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0.00 | 0.00 |
World Fuel Services cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
World Fuel December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how World Fuel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading World Fuel shares will generate the highest return on investment. By undertsting and applying World Fuel stock market strength indicators, traders can identify World Fuel Services entry and exit signals to maximize returns
World Fuel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for World Fuel's price direction in advance. Along with the technical and fundamental analysis of World Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of World 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) | |||
Jensen Alpha | 0.0073 | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | 0.1012 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Other Consideration for investing in World Stock
If you are still planning to invest in World Fuel Services check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the World Fuel's history and understand the potential risks before investing.
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