The Weir Group Stock Price on August 20, 2024
| WEIGF Stock | USD 27.05 0.00 0.00% |
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 stands at 27.05, as last reported on the 11th of December 2024, with the highest price reaching 27.05 and the lowest price hitting 27.05 during the day. At this point, Weir is very steady. Weir Group shows Sharpe Ratio of 0.0606, which attests that the company had a 0.0606% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Weir Group, which you can use to evaluate the volatility of the company. Please check out Weir's Market Risk Adjusted Performance of 7.8, standard deviation of 1.91, and Mean Deviation of 0.5937 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Weir Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Weir |
Sharpe Ratio = 0.0606
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | WEIGF | High Risk | Huge Risk |
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Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Weir is performing at about 4% 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 by adding it to a well-diversified portfolio.
Weir Valuation on August 20, 2024
It is possible to determine the worth of Weir on a given historical date. On August 20, 2024 Weir was worth 24.37 at the beginning of the trading date compared to the closed value of 24.37. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Weir pink sheet. Still, in general, we apply an absolute valuation method to find Weir'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Weir's related companies.
| Open | High | Low | Close | Volume | |
| 24.37 | 24.37 | 24.37 | 24.37 | 1.00 | |
08/20/2024 | 24.37 | 24.37 | 24.37 | 24.37 | 1.00 |
| 24.37 | 24.37 | 24.37 | 24.37 | 1.00 |
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Weir Trading Date Momentum on August 20, 2024
| On August 21 2024 The Weir Group was traded for 24.37 at the closing time. The highest daily price throughout the period was 24.37 and the lowest price was 24.37 . There was no trading activity during the period 1.0. Lack of trading volume on 08/21/2024 did not result in any price rise and fall. The trading price change to current closing price is 4.31% . |
Weir Group Fundamentals Correlations and Trends
By evaluating Weir'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'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 Pink Sheet history
Weir 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 stock prices may prove useful in developing a viable investing in Weir
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 Pink Sheet Technical Analysis
Weir 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 Period Price Range
Low | December 11, 2024
| 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 December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Weir 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 shares will generate the highest return on investment. By undertsting and applying Weir pink sheet market strength indicators, traders can identify The Weir Group entry and exit signals to maximize returns
Weir Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Weir'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 | 0.049 | |||
| Jensen Alpha | 0.1013 | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 7.79 |
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| Volume Indicators |
Complementary Tools for Weir Pink Sheet analysis
When running Weir's price analysis, check to measure Weir'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 is operating at the current time. Most of Weir's value examination focuses on studying past and present price action to predict the probability of Weir'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's price. Additionally, you may evaluate how the addition of Weir to your portfolios can decrease your overall portfolio volatility.
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