WA1 Resources (Australia) Price on June 6, 2024
| WA1 Stock | 16.10 1.58 10.88% |
If you're considering investing in WA1 Stock, it is important to understand the factors that can impact its price. As of today, the current price of WA1 Resources stands at 16.10, as last reported on the 12th of December 2024, with the highest price reaching 16.53 and the lowest price hitting 14.47 during the day. WA1 Resources appears to be somewhat reliable, given 3 months investment horizon. WA1 Resources retains Efficiency (Sharpe Ratio) of 0.0719, which attests that the company had a 0.0719% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for WA1 Resources, which you can use to evaluate the volatility of the entity. Please utilize WA1 Resources' Market Risk Adjusted Performance of (0.31), coefficient of variation of 2513.55, and Standard Deviation of 4.29 to validate if our risk estimates are consistent with your expectations.
At this time, WA1 Resources' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 79.2 M in 2024, whereas Capital Stock is likely to drop slightly above 38.9 M in 2024. . WA1 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
WA1 |
Sharpe Ratio = 0.0719
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Estimated Market Risk
| 4.19 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average WA1 Resources 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 WA1 Resources by adding it to a well-diversified portfolio.
Price Book 15.1402 | Enterprise Value Ebitda (77.12) | Price Sales 2.2 K | Shares Float 34.5 M | Wall Street Target Price 27.5679 |
WA1 Resources Valuation on June 6, 2024
It is possible to determine the worth of WA1 Resources on a given historical date. On June 6, 2024 WA1 was worth 17.42 at the beginning of the trading date compared to the closed value of 16.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WA1 Resources stock. Still, in general, we apply an absolute valuation method to find WA1 Resources' 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 WA1 Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WA1 Resources' related companies.
| Open | High | Low | Close | Volume | |
| 17.80 | 17.91 | 16.81 | 17.36 | 289,938 | |
06/06/2024 | 17.42 | 17.73 | 16.66 | 16.66 | 275,138 |
| 16.75 | 16.96 | 16.32 | 16.37 | 290,425 |
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WA1 Resources Trading Date Momentum on June 6, 2024
| On June 07 2024 WA1 Resources was traded for 16.37 at the closing time. The maximum traded price for the trading interval was 16.96 and the lowest daily price was 16.32 . The daily volume was recorded at 290.4 K. The volume of trading on 7th of June 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.74% . The trading price change to the closing price today is 8.46% . |
WA1 Resources Fundamentals Correlations and Trends
By evaluating WA1 Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among WA1 Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WA1 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WA1 Resources Stock history
WA1 Resources 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 WA1 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WA1 Resources 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 WA1 Resources stock prices may prove useful in developing a viable investing in WA1 Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 58.1 M | 51.8 M | |
| Net Loss | -2 M | -1.9 M |
WA1 Resources Stock Technical Analysis
WA1 Resources 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
WA1 Resources Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
WA1 Resources 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.
WA1 Resources December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how WA1 Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WA1 Resources shares will generate the highest return on investment. By undertsting and applying WA1 Resources stock market strength indicators, traders can identify WA1 Resources entry and exit signals to maximize returns
WA1 Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WA1 Resources' price direction in advance. Along with the technical and fundamental analysis of WA1 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WA1 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 | 0.0371 | |||
| Jensen Alpha | 0.2185 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | 0.0116 | |||
| Treynor Ratio | (0.32) |
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Additional Tools for WA1 Stock Analysis
When running WA1 Resources' price analysis, check to measure WA1 Resources' 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 WA1 Resources is operating at the current time. Most of WA1 Resources' value examination focuses on studying past and present price action to predict the probability of WA1 Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WA1 Resources' price. Additionally, you may evaluate how the addition of WA1 Resources to your portfolios can decrease your overall portfolio volatility.