Weebit Nano (Australia) Price on July 25, 2024
WBT Stock | 2.67 0.10 3.61% |
Below is the normalized historical share price chart for Weebit Nano extending back to December 21, 2010. 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 Weebit Nano stands at 2.67, as last reported on the 28th of November, with the highest price reaching 2.80 and the lowest price hitting 2.66 during the day.
If you're considering investing in Weebit Stock, it is important to understand the factors that can impact its price. Weebit Nano appears to be very risky, given 3 months investment horizon. Weebit Nano shows 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-eight technical indicators for Weebit Nano, which you can use to evaluate the volatility of the company. Please utilize Weebit Nano's Mean Deviation of 3.6, market risk adjusted performance of (6.15), and Downside Deviation of 4.49 to validate if our risk estimates are consistent with your expectations.
At this time, Weebit Nano's Common Stock Total Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 69.3 M in 2024, whereas Common Stock is likely to drop 4,000 in 2024. . Weebit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 2.6128 | 50 Day MA 2.2476 | Beta 1.546 |
Weebit |
Sharpe Ratio = 0.0719
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Estimated Market Risk
4.82 actual daily | 42 58% of assets are more volatile |
Expected Return
0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Weebit Nano 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 Weebit Nano by adding it to a well-diversified portfolio.
Price Book 9.2458 | Enterprise Value Ebitda (28.24) | Price Sales 560.1662 | Shares Float 169.8 M | Wall Street Target Price 8.71 |
Weebit Nano Valuation on July 25, 2024
It is possible to determine the worth of Weebit Nano on a given historical date. On July 25, 2024 Weebit was worth 2.31 at the beginning of the trading date compared to the closed value of 2.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Weebit Nano stock. Still, in general, we apply an absolute valuation method to find Weebit Nano'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 Weebit Nano where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Weebit Nano's related companies.
Open | High | Low | Close | Volume | |
2.35 | 2.37 | 2.32 | 2.33 | 239,150 | |
07/25/2024 | 2.31 | 2.34 | 2.29 | 2.32 | 293,920 |
2.32 | 2.35 | 2.30 | 2.31 | 262,845 |
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Weebit Nano Trading Date Momentum on July 25, 2024
On July 26 2024 Weebit Nano was traded for 2.31 at the closing time. The maximum traded price for the trading interval was 2.35 and the lowest daily price was 2.30 . The daily volume was recorded at 262.8 K. The volume of trading on 26th of July 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.43% . The trading price change to the closing price today is 5.17% . |
Weebit Nano Fundamentals Correlations and Trends
By evaluating Weebit Nano'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 Weebit Nano's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Weebit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Weebit Nano Stock history
Weebit Nano 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 Weebit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Weebit Nano 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 Weebit Nano stock prices may prove useful in developing a viable investing in Weebit Nano
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 188 M | 118.2 M | |
Net Loss | -1 M | -1.1 M |
Weebit Nano Quarterly Net Working Capital |
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Weebit Nano Stock Technical Analysis
Weebit Nano 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
Weebit Nano Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Weebit Nano 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.
Weebit Nano November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Weebit Nano stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Weebit Nano shares will generate the highest return on investment. By undertsting and applying Weebit Nano stock market strength indicators, traders can identify Weebit Nano entry and exit signals to maximize returns
Weebit Nano Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Weebit Nano's price direction in advance. Along with the technical and fundamental analysis of Weebit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Weebit 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 | 0.0926 | |||
Jensen Alpha | 0.5612 | |||
Total Risk Alpha | (0.22) | |||
Sortino Ratio | 0.0971 | |||
Treynor Ratio | (6.16) |
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Additional Tools for Weebit Stock Analysis
When running Weebit Nano's price analysis, check to measure Weebit Nano'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 Weebit Nano is operating at the current time. Most of Weebit Nano's value examination focuses on studying past and present price action to predict the probability of Weebit Nano's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weebit Nano's price. Additionally, you may evaluate how the addition of Weebit Nano to your portfolios can decrease your overall portfolio volatility.