Weg Sa Adr Stock Price on May 20, 2024
WEGZY Stock | USD 9.31 0.05 0.54% |
If you're considering investing in WEG Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of WEG SA stands at 9.31, as last reported on the 25th of November, with the highest price reaching 9.31 and the lowest price hitting 9.23 during the day. WEG SA ADR shows Sharpe Ratio of -0.0373, which attests that the company had a -0.0373% return per unit of volatility over the last 3 months. WEG SA ADR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WEG SA's Risk Adjusted Performance of (0.02), standard deviation of 1.75, and Mean Deviation of 1.29 to validate the risk estimate we provide.
WEG Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
WEG |
Sharpe Ratio = -0.0373
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Estimated Market Risk
1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WEG SA 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 WEG SA by adding WEG SA to a well-diversified portfolio.
WEG SA Valuation on May 20, 2024
It is possible to determine the worth of WEG SA on a given historical date. On May 20, 2024 WEG was worth 7.77 at the beginning of the trading date compared to the closed value of 7.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WEG SA pink sheet. Still, in general, we apply an absolute valuation method to find WEG SA'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 WEG SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WEG SA's related companies.
Open | High | Low | Close | Volume | |
7.70 | 7.70 | 7.70 | 7.70 | 121,053 | |
05/20/2024 | 7.77 | 7.77 | 7.77 | 7.77 | 14,879 |
7.74 | 7.74 | 7.74 | 7.74 | 146,214 |
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WEG SA Trading Date Momentum on May 20, 2024
On May 21 2024 WEG SA ADR was traded for 7.74 at the closing time. The highest daily price throughout the period was 7.74 and the lowest price was 7.74 . The daily volume was 146.2 K. The net trading volume on 05/21/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.39% . The trading price change to current closing price is 7.34% . |
WEG SA ADR Fundamentals Correlations and Trends
By evaluating WEG SA'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 WEG SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WEG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WEG SA Pink Sheet history
WEG SA 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 WEG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WEG SA ADR 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 WEG SA stock prices may prove useful in developing a viable investing in WEG SA
WEG S.A. engages in the production and sale of capital goods in Brazil and internationally. WEG S.A. was founded in 1961 and is headquartered in Jaragua do Sul, Brazil. Weg Sa operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 36987 people.
WEG SA Pink Sheet Technical Analysis
WEG SA 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
WEG SA Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
WEG SA ADR 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.
WEG SA November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how WEG SA 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 WEG SA shares will generate the highest return on investment. By undertsting and applying WEG SA pink sheet market strength indicators, traders can identify WEG SA ADR entry and exit signals to maximize returns
WEG SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WEG SA's price direction in advance. Along with the technical and fundamental analysis of WEG Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of WEG 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 | (0.02) | |||
Jensen Alpha | (0.10) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | (0.21) |
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Additional Tools for WEG Pink Sheet Analysis
When running WEG SA's price analysis, check to measure WEG SA'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 WEG SA is operating at the current time. Most of WEG SA's value examination focuses on studying past and present price action to predict the probability of WEG SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WEG SA's price. Additionally, you may evaluate how the addition of WEG SA to your portfolios can decrease your overall portfolio volatility.