Wavedancer Price on January 8, 2024
If you're considering investing in Wavedancer Stock, it is important to understand the factors that can impact its price. We have found twenty-one technical indicators for Wavedancer, which you can use to evaluate the volatility of the company. Please check out Wavedancer's Market Risk Adjusted Performance of 0.783, mean deviation of 5.51, and Downside Deviation of 5.74 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
Wavedancer Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wavedancer |
Sharpe Ratio = 0.0
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Based on monthly moving average Wavedancer 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 Wavedancer by adding Wavedancer to a well-diversified portfolio.
Wavedancer Valuation on January 8, 2024
It is possible to determine the worth of Wavedancer on a given historical date. On January 8, 2024 Wavedancer was worth 5.07 at the beginning of the trading date compared to the closed value of 5.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wavedancer stock. Still, in general, we apply an absolute valuation method to find Wavedancer'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 Wavedancer where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wavedancer's related companies.
Open | High | Low | Close | Volume | |
4.95 | 5.40 | 4.95 | 5.18 | 3,782 | |
01/08/2024 | 5.07 | 5.55 | 5.07 | 5.46 | 5,935 |
5.29 | 5.85 | 4.95 | 5.26 | 12,323 |
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Wavedancer Trading Date Momentum on January 8, 2024
On January 09 2024 Wavedancer was traded for 5.26 at the closing time. The top price for the day was 5.85 and the lowest listed price was 4.95 . The trading volume for the day was 12.3 K. The trading history from January 9, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 3.66% . The trading price change against the current closing price is 18.86% . |
Wavedancer Fundamentals Correlations and Trends
By evaluating Wavedancer'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 Wavedancer's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wavedancer financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wavedancer Stock history
Wavedancer 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 Wavedancer is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wavedancer 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 Wavedancer stock prices may prove useful in developing a viable investing in Wavedancer
WaveDancer, Inc. engages in development and maintenance of information technology systems, modernizing client information systems, and offers other IT-related professional services to government and commercial organizations in the United States. WaveDancer, Inc. was incorporated in 1979 and is headquartered in Fairfax, Virginia. Wavedancer operates under Information Technology Services classification in the United States and is traded on NASDAQ Exchange. It employs 51 people.
Wavedancer Stock Technical Analysis
Wavedancer 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
Wavedancer Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Wavedancer cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Wavedancer November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Wavedancer stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wavedancer shares will generate the highest return on investment. By undertsting and applying Wavedancer stock market strength indicators, traders can identify Wavedancer entry and exit signals to maximize returns
Wavedancer Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wavedancer's price direction in advance. Along with the technical and fundamental analysis of Wavedancer Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wavedancer 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 | 0.0463 | |||
Jensen Alpha | 0.3388 | |||
Total Risk Alpha | (1.02) | |||
Sortino Ratio | 0.0485 | |||
Treynor Ratio | 0.773 |
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Check out Your Current Watchlist 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 real. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Wavedancer Stock
If you are still planning to invest in Wavedancer 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 Wavedancer's history and understand the potential risks before investing.
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