Netwealth (Australia) Price on November 28, 2024
| NWL Stock | 30.34 1.09 3.73% |
Below is the normalized historical share price chart for Netwealth Group extending back to November 20, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Netwealth stands at 30.34, as last reported on the 4th of December, with the highest price reaching 30.46 and the lowest price hitting 29.53 during the day.
If you're considering investing in Netwealth Stock, it is important to understand the factors that can impact its price. Netwealth appears to be very steady, given 3 months investment horizon. Netwealth Group has Sharpe Ratio of 0.32, which conveys that the firm had a 0.32% return per unit of risk over the last 3 months. By analyzing Netwealth's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise Netwealth's Mean Deviation of 1.3, downside deviation of 1.91, and Risk Adjusted Performance of 0.2056 to check out if our risk estimates are consistent with your expectations.
At this time, Netwealth's Common Stock Shares Outstanding is comparatively stable compared to the past year. Capital Stock is likely to gain to about 28.5 M in 2024, whereas Common Stock is likely to drop slightly above 27 M in 2024. . Netwealth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 23.0196 | 50 Day MA 28.0404 | Beta 0.797 |
Netwealth |
Sharpe Ratio = 0.3157
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NWL | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 24 76% of assets perform better |
Based on monthly moving average Netwealth is performing at about 24% 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 Netwealth by adding it to a well-diversified portfolio.
Price Book 51.3881 | Price Sales 29.5759 | Shares Float 112.4 M | Dividend Share 0.28 | Wall Street Target Price 24.0635 |
Netwealth Valuation on November 28, 2024
It is possible to determine the worth of Netwealth on a given historical date. On November 28, 2024 Netwealth was worth 30.12 at the beginning of the trading date compared to the closed value of 30.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Netwealth stock. Still, in general, we apply an absolute valuation method to find Netwealth'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 Netwealth where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Netwealth's related companies.
| Open | High | Low | Close | Volume | |
| 30.42 | 30.42 | 29.66 | 30.04 | 360,761 | |
11/28/2024 | 30.12 | 30.87 | 30.12 | 30.46 | 299,920 |
| 30.21 | 30.86 | 30.00 | 30.79 | 254,172 |
| Backtest Netwealth | | | Netwealth History | | | Netwealth Valuation | Previous | Next |
Netwealth Trading Date Momentum on November 28, 2024
| On November 29 2024 Netwealth Group was traded for 30.79 at the closing time. The maximum traded price for the trading interval was 30.86 and the lowest daily price was 30.00 . The daily volume was recorded at 254.2 K. The volume of trading on 29th of November 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.08% . The trading delta at closing time to the closing price today is 2.72% . |
Netwealth Group Fundamentals Correlations and Trends
By evaluating Netwealth'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 Netwealth's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Netwealth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Netwealth Stock history
Netwealth 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 Netwealth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Netwealth Group 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 Netwealth stock prices may prove useful in developing a viable investing in Netwealth
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 244.3 M | 258.5 M | |
| Net Income Applicable To Common Shares | 77.2 M | 81.1 M |
Netwealth Quarterly Net Working Capital |
|
Netwealth Stock Technical Analysis
Netwealth 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
Netwealth Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Netwealth Group cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Netwealth December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Netwealth stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Netwealth shares will generate the highest return on investment. By undertsting and applying Netwealth stock market strength indicators, traders can identify Netwealth Group entry and exit signals to maximize returns
Netwealth Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Netwealth's price direction in advance. Along with the technical and fundamental analysis of Netwealth Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Netwealth 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 | 0.2056 | |||
| Jensen Alpha | 0.3813 | |||
| Total Risk Alpha | 0.2101 | |||
| Sortino Ratio | 0.1788 | |||
| Treynor Ratio | 0.7177 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Netwealth Stock Analysis
When running Netwealth's price analysis, check to measure Netwealth'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 Netwealth is operating at the current time. Most of Netwealth's value examination focuses on studying past and present price action to predict the probability of Netwealth's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netwealth's price. Additionally, you may evaluate how the addition of Netwealth to your portfolios can decrease your overall portfolio volatility.