Weir Group Plc Stock Price on September 30, 2024
| WEGRY Stock | USD 14.09 0.48 3.53% |
If you're considering investing in Weir Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Weir Group stands at 14.09, as last reported on the 30th of November, with the highest price reaching 14.34 and the lowest price hitting 14.05 during the day. At this stage we consider Weir Pink Sheet to be not too volatile. Weir Group PLC shows Sharpe Ratio of 0.049, which attests that the company had a 0.049% return per unit of risk over the last 3 months. We have found thirty technical indicators for Weir Group PLC, which you can use to evaluate the volatility of the company. Please check out Weir Group's Mean Deviation of 1.59, market risk adjusted performance of 1.22, and Downside Deviation of 1.84 to validate if the risk estimate we provide is consistent with the expected return of 0.1%.
Weir Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Weir |
Sharpe Ratio = 0.049
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Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Weir Group is performing at about 3% 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 Weir Group by adding it to a well-diversified portfolio.
Weir Group Valuation on September 30, 2024
It is possible to determine the worth of Weir Group on a given historical date. On September 30, 2024 Weir was worth 14.41 at the beginning of the trading date compared to the closed value of 14.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Weir Group pink sheet. Still, in general, we apply an absolute valuation method to find Weir Group'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 Weir Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Weir Group's related companies.
| Open | High | Low | Close | Volume | |
| 14.62 | 14.62 | 14.62 | 14.62 | 2,301 | |
09/30/2024 | 14.41 | 14.41 | 14.41 | 14.41 | 406.00 |
| 14.12 | 14.12 | 14.12 | 14.12 | 116,992 |
| Backtest Weir Group | | | Weir Group History | | | Weir Group Valuation | Previous | Next |
Weir Group Trading Date Momentum on September 30, 2024
| On October 01 2024 Weir Group PLC was traded for 14.12 at the closing time. The highest daily price throughout the period was 14.12 and the lowest price was 14.12 . The daily volume was 117 K. The net trading volume on 10/01/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.01% . The trading price change to current closing price is 0.62% . |
Weir Group PLC Fundamentals Correlations and Trends
By evaluating Weir Group'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 Weir Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Weir financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Weir Group Pink Sheet history
Weir Group 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 Weir is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Weir Group PLC 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 Weir Group stock prices may prove useful in developing a viable investing in Weir Group
The Weir Group PLC produces and sells highly engineered original equipment worldwide. The company was founded in 1871 and is headquartered in Glasgow, the United Kingdom. Weir operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 11994 people.
Weir Group Pink Sheet Technical Analysis
Weir Group 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
Weir Group Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Weir Group November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Weir Group 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 Weir Group shares will generate the highest return on investment. By undertsting and applying Weir Group pink sheet market strength indicators, traders can identify Weir Group PLC entry and exit signals to maximize returns
Weir Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Weir Group's price direction in advance. Along with the technical and fundamental analysis of Weir Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Weir 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 | 0.0561 | |||
| Jensen Alpha | 0.1102 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 1.21 |
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Additional Tools for Weir Pink Sheet Analysis
When running Weir Group's price analysis, check to measure Weir Group'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 Weir Group is operating at the current time. Most of Weir Group's value examination focuses on studying past and present price action to predict the probability of Weir Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weir Group's price. Additionally, you may evaluate how the addition of Weir Group to your portfolios can decrease your overall portfolio volatility.