Wetzel SA (Brazil) Price on July 6, 2023
| MWET4 Preferred Stock | BRL 14.99 1.25 9.10% |
If you're considering investing in Wetzel Preferred Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wetzel SA stands at 14.99, as last reported on the 1st of December, with the highest price reaching 15.49 and the lowest price hitting 13.84 during the day. Wetzel SA is slightly risky given 3 months investment horizon. Wetzel SA shows Sharpe Ratio of 0.14, which attests that the company had a 0.14% return per unit of risk over the last 3 months. We are able to interpolate and collect thirty different technical indicators, which can help you to evaluate if expected returns of 1.01% are justified by taking the suggested risk. Use Wetzel SA Downside Deviation of 7.87, mean deviation of 4.19, and Market Risk Adjusted Performance of 0.5073 to evaluate company specific risk that cannot be diversified away.
Wetzel Preferred Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wetzel |
Sharpe Ratio = 0.138
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Estimated Market Risk
| 7.3 actual daily | 65 65% of assets are less volatile |
Expected Return
| 1.01 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Wetzel SA is performing at about 10% 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 Wetzel SA by adding it to a well-diversified portfolio.
Wetzel SA Valuation on July 6, 2023
It is possible to determine the worth of Wetzel SA on a given historical date. On July 6, 2023 Wetzel was worth 10.87 at the beginning of the trading date compared to the closed value of 10.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wetzel SA preferred stock. Still, in general, we apply an absolute valuation method to find Wetzel SA'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 Wetzel SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wetzel SA's related companies.
| Open | High | Low | Close | Volume | |
| 10.87 | 10.87 | 10.87 | 10.87 | 1.00 | |
07/06/2023 | 10.87 | 10.87 | 10.87 | 10.87 | 1.00 |
| 11.46 | 12.00 | 10.76 | 10.80 | 25,200 |
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Wetzel SA Trading Date Momentum on July 6, 2023
| On July 07 2023 Wetzel SA was traded for 10.80 at the closing time. The highest price during the trading period was 12.00 and the lowest recorded bid was listed for 10.76 . The volume for the day was 25.2 K. This history from July 7, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.64% . The trading price change to the current price is 8.00% . |
Wetzel SA Fundamentals Correlations and Trends
By evaluating Wetzel SA'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 Wetzel SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wetzel financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wetzel SA Preferred Stock history
Wetzel SA 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 Wetzel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wetzel SA 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 Wetzel SA stock prices may prove useful in developing a viable investing in Wetzel SA
Wetzel S.A. manufactures and sells aluminum, iron, and electro technical products primarily in South Cone countries, Europe, and the United States. Wetzel S.A. was founded in 1932 and is headquartered in Joinville, Brazil. WETZEL SA operates under Auto Parts classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 978 people.
Wetzel SA Preferred Stock Technical Analysis
Wetzel SA technical preferred 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, preferred stock market cycles, or different charting patterns.
Price Boundaries
Wetzel SA Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Wetzel SA cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Wetzel SA December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Wetzel SA preferred stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wetzel SA shares will generate the highest return on investment. By undertsting and applying Wetzel SA preferred stock market strength indicators, traders can identify Wetzel SA entry and exit signals to maximize returns
Wetzel SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wetzel SA's price direction in advance. Along with the technical and fundamental analysis of Wetzel Preferred Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wetzel 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 | 0.124 | |||
| Jensen Alpha | 0.8012 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.1207 | |||
| Treynor Ratio | 0.4973 |
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Additional Tools for Wetzel Preferred Stock Analysis
When running Wetzel SA's price analysis, check to measure Wetzel SA'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 Wetzel SA is operating at the current time. Most of Wetzel SA's value examination focuses on studying past and present price action to predict the probability of Wetzel SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wetzel SA's price. Additionally, you may evaluate how the addition of Wetzel SA to your portfolios can decrease your overall portfolio volatility.