Weichai Power Price on May 24, 2023
WEICYDelisted Stock | USD 11.26 0.16 1.40% |
If you're considering investing in Weichai Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Weichai Power stands at 11.26, as last reported on the 29th of November, with the highest price reaching 11.56 and the lowest price hitting 11.26 during the day. We have found twenty-three technical indicators for Weichai Power, which you can use to evaluate the volatility of the company. Please check out Weichai Power's Market Risk Adjusted Performance of 3.1, standard deviation of 2.75, and Mean Deviation of 1.98 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
Weichai Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
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Sharpe Ratio = 0.0
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Based on monthly moving average Weichai Power 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 Weichai Power by adding Weichai Power to a well-diversified portfolio.
Weichai Power Valuation on May 24, 2023
It is possible to determine the worth of Weichai Power on a given historical date. On May 24, 2023 Weichai was worth 12.05 at the beginning of the trading date compared to the closed value of 11.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Weichai Power pink sheet. Still, in general, we apply an absolute valuation method to find Weichai Power'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 Weichai Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Weichai Power's related companies.
Open | High | Low | Close | Volume | |
12.03 | 12.31 | 11.77 | 12.24 | 13,424 | |
05/24/2023 | 12.05 | 12.05 | 11.86 | 11.89 | 18,600 |
11.69 | 11.97 | 11.47 | 11.89 | 9,584 |
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Weichai Power Trading Date Momentum on May 24, 2023
On May 25 2023 Weichai Power was traded for 11.89 at the closing time. The highest daily price throughout the period was 11.97 and the lowest price was 11.47 . The daily volume was 9.6 K. The net trading volume on 05/25/2023 had no short-term effect on price fluctuation. The trading price change to current closing price is 3.28% . |
Weichai Power Fundamentals Correlations and Trends
By evaluating Weichai Power'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 Weichai Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Weichai financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Weichai Power Pink Sheet history
Weichai Power 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 Weichai is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Weichai Power 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 Weichai Power stock prices may prove useful in developing a viable investing in Weichai Power
Weichai Power Co., Ltd. manufactures and sells diesel engines, automobiles, and other automobile components in China and internationally. Weichai Power Co., Ltd. was incorporated in 2002 and is headquartered in Weifang, the Peoples Republic of China. Weichai Power operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 88118 people.
Weichai Power Pink Sheet Technical Analysis
Weichai Power 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
Weichai Power Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Weichai Power 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.
Weichai Power November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Weichai Power 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 Weichai Power shares will generate the highest return on investment. By undertsting and applying Weichai Power pink sheet market strength indicators, traders can identify Weichai Power entry and exit signals to maximize returns
Weichai Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Weichai Power's price direction in advance. Along with the technical and fundamental analysis of Weichai Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Weichai 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 | (0.03) | |||
Jensen Alpha | (0.13) | |||
Total Risk Alpha | (0.54) | |||
Treynor Ratio | 3.09 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Other Consideration for investing in Weichai Pink Sheet
If you are still planning to invest in Weichai Power check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Weichai Power's history and understand the potential risks before investing.
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