Wec Energy Group Stock Price on May 6, 2024
| WEC Stock | USD 100.96 1.69 1.70% |
If you're considering investing in WEC Stock, it is important to understand the factors that can impact its price. As of today, the current price of WEC Energy stands at 100.96, as last reported on the 22nd of November, with the highest price reaching 101.00 and the lowest price hitting 98.65 during the day. At this point, WEC Energy is very steady. WEC Energy Group retains Efficiency (Sharpe Ratio) of 0.16, which attests that the company had a 0.16% return per unit of volatility over the last 3 months. We have found thirty technical indicators for WEC Energy, which you can use to evaluate the volatility of the company. Please check out WEC Energy's Standard Deviation of 0.8848, mean deviation of 0.7092, and Market Risk Adjusted Performance of (0.98) to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
WEC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
WEC |
Sharpe Ratio = 0.1645
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | WEC | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.88 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
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average WEC Energy is performing at about 12% 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 WEC Energy by adding it to a well-diversified portfolio.
WEC Energy Valuation on May 6, 2024
It is possible to determine the worth of WEC Energy on a given historical date. On May 6, 2024 WEC was worth 81.03 at the beginning of the trading date compared to the closed value of 80.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WEC Energy stock. Still, in general, we apply an absolute valuation method to find WEC Energy'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 WEC Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WEC Energy's related companies.
| Open | High | Low | Close | Volume | |
| 81.05 | 81.44 | 79.95 | 80.94 | 1,780,200 | |
05/06/2024 | 81.03 | 81.12 | 80.07 | 80.57 | 1,465,000 |
| 81.14 | 81.64 | 80.59 | 81.53 | 1,732,000 |
| Backtest WEC Energy | | | WEC Energy History | | | WEC Energy Valuation | Previous | Next |
WEC Energy Trading Date Momentum on May 6, 2024
| On May 07 2024 WEC Energy Group was traded for 81.53 at the closing time. Highest WEC Energy's price during the trading hours was 81.64 and the lowest price during the day was 80.59 . The net volume was 1.7 M. The overall trading history on the 7th of May contributed to the next trading period price growth. The trading price change to the next next day price was 1.19% . The trading price change to current price is 3.50% . |
WEC Energy Group Fundamentals Correlations and Trends
By evaluating WEC Energy'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 WEC Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WEC financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WEC Energy Stock history
WEC Energy 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 WEC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WEC Energy 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 WEC Energy stock prices may prove useful in developing a viable investing in WEC Energy
WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. WEC Energy Group, Inc. was incorporated in 1981 and is headquartered in Milwaukee, Wisconsin. Wisconsin Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 7000 people.
WEC Energy Stock Technical Analysis
WEC Energy 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
WEC Energy Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
WEC Energy Group cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
WEC Energy November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how WEC Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WEC Energy shares will generate the highest return on investment. By undertsting and applying WEC Energy stock market strength indicators, traders can identify WEC Energy Group entry and exit signals to maximize returns
WEC Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WEC Energy's price direction in advance. Along with the technical and fundamental analysis of WEC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WEC 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 | 0.1269 | |||
| Jensen Alpha | 0.1493 | |||
| Total Risk Alpha | 0.0202 | |||
| Sortino Ratio | 0.0449 | |||
| Treynor Ratio | (0.99) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for WEC Stock analysis
When running WEC Energy's price analysis, check to measure WEC Energy'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 WEC Energy is operating at the current time. Most of WEC Energy's value examination focuses on studying past and present price action to predict the probability of WEC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WEC Energy's price. Additionally, you may evaluate how the addition of WEC Energy to your portfolios can decrease your overall portfolio volatility.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets |