The Weir Group Stock Price on June 16, 2023

WEIGF Stock  USD 27.94  0.59  2.16%   
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 27.94, as last reported on the 20th of January, with the highest price reaching 27.94 and the lowest price hitting 27.94 during the day. Weir Group shows Sharpe Ratio of -0.0462, which attests that the company had a -0.0462 % return per unit of risk over the last 3 months. Weir Group exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Weir Group's Mean Deviation of 0.4574, market risk adjusted performance of 0.2271, and Standard Deviation of 1.7 to validate the risk estimate we provide.
  
Weir Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0462

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Estimated Market Risk

 1.77
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Weir Group 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 Weir Group by adding Weir Group to a well-diversified portfolio.

Weir Group Valuation on June 16, 2023

It is possible to determine the worth of Weir Group on a given historical date. On June 16, 2023 Weir was worth 22.5 at the beginning of the trading date compared to the closed value of 22.5. 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
  22.50    22.50    22.50    22.50    1.00  
06/16/2023
  22.50    22.50    22.50    22.50    1.00  
  22.50    22.50    22.50    22.50    1.00  
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Open Value
22.5
22.5
Closing Value
27.80
Upside

Weir Group Trading Date Momentum on June 16, 2023

On June 20 2023 The Weir Group was traded for  22.50  at the closing time. The highest daily price throughout the period was 22.50  and the lowest price was  22.50 . There was no trading activity during the period 1.0. Lack of trading volume on 06/20/2023 did not result in any price rise and fall. The trading price change to current closing price is 3.11% .

Weir Group 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 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 Group 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.
A focus of Weir Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Weir Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Weir Group Period Price Range

Low
January 20, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

The Weir Group 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.

Weir Group January 20, 2025 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 The Weir Group 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.

Complementary 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.
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