Washington Business Bank Stock Price on August 6, 2024
| WBZB Stock | USD 36.00 2.00 5.88% |
If you're considering investing in Washington Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Washington Business stands at 36.00, as last reported on the 27th of November, with the highest price reaching 36.00 and the lowest price hitting 36.00 during the day. At this point, Washington Business is very steady. Washington Business Bank shows Sharpe Ratio of 0.18, which attests that the company had a 0.18% return per unit of risk over the last 3 months. We have found twenty technical indicators for Washington Business Bank, which you can use to evaluate the volatility of the company. Please check out Washington Business' Mean Deviation of 0.2888, market risk adjusted performance of 1.12, and Standard Deviation of 0.8296 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
Washington Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Washington |
Sharpe Ratio = 0.1813
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Estimated Market Risk
| 0.85 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Washington Business is performing at about 14% 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 Washington Business by adding it to a well-diversified portfolio.
Washington Business Valuation on August 6, 2024
It is possible to determine the worth of Washington Business on a given historical date. On August 6, 2024 Washington was worth 32.0 at the beginning of the trading date compared to the closed value of 32.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Washington Business pink sheet. Still, in general, we apply an absolute valuation method to find Washington Business' 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 Washington Business where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Washington Business' related companies.
| Open | High | Low | Close | Volume | |
| 32.00 | 32.00 | 32.00 | 32.00 | 1.00 | |
08/06/2024 | 32.00 | 32.00 | 32.00 | 32.00 | 1.00 |
| 32.00 | 32.00 | 32.00 | 32.00 | 1.00 |
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Washington Business Trading Date Momentum on August 6, 2024
| On August 07 2024 Washington Business Bank was traded for 32.00 at the closing time. The top price for the day was 32.00 and the lowest listed price was 32.00 . There was no trading activity during the period 1.0. Lack of trading volume on August 7, 2024 had no short-term effect on price fluctuation. The trading price change against the current closing price is 1.88% . |
Washington Business Bank Fundamentals Correlations and Trends
By evaluating Washington Business' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Washington Business' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Washington financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Washington Business Pink Sheet history
Washington Business 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 Washington is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Washington Business Bank 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 Washington Business stock prices may prove useful in developing a viable investing in Washington Business
Washington Business Bank, a state-chartered bank, provides various banking products and services to small and midsized businesses, and middle-income individuals primarily in western Washington. Washington Business Bank was founded in 2002 and is headquartered in Olympia, Washington. Washington Business operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Washington Business Pink Sheet Technical Analysis
Washington Business technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Washington Business Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Washington Business Bank cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Washington Business November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Washington Business pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Washington Business shares will generate the highest return on investment. By undertsting and applying Washington Business pink sheet market strength indicators, traders can identify Washington Business Bank entry and exit signals to maximize returns
Washington Business Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Washington Business' price direction in advance. Along with the technical and fundamental analysis of Washington Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Washington 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 | 0.1424 | |||
| Jensen Alpha | 0.1284 | |||
| Total Risk Alpha | 0.0149 | |||
| Treynor Ratio | 1.11 |
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Complementary Tools for Washington Pink Sheet analysis
When running Washington Business' price analysis, check to measure Washington Business' 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 Washington Business is operating at the current time. Most of Washington Business' value examination focuses on studying past and present price action to predict the probability of Washington Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Washington Business' price. Additionally, you may evaluate how the addition of Washington Business to your portfolios can decrease your overall portfolio volatility.
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