WEMA BANK (Nigeria) Price on January 23, 2025
| WEMABANK | 11.00 0.10 0.90% |
If you're considering investing in WEMA Stock, it is important to understand the factors that can impact its price. As of today, the current price of WEMA BANK stands at 11.00, as last reported on the 11th of March 2025, with the highest price reaching 11.25 and the lowest price hitting 10.70 during the day. WEMA BANK appears to be not too volatile, given 3 months investment horizon. WEMA BANK PLC shows Sharpe Ratio of 0.16, which attests that the company had a 0.16 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for WEMA BANK PLC, which you can use to evaluate the volatility of the company. Please utilize WEMA BANK's Mean Deviation of 1.59, risk adjusted performance of 0.1535, and Downside Deviation of 2.34 to validate if our risk estimates are consistent with your expectations.
WEMA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
WEMA |
Sharpe Ratio = 0.1644
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Estimated Market Risk
| 2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average WEMA BANK is performing at about 12% 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 WEMA BANK by adding it to a well-diversified portfolio.
WEMA BANK Valuation on January 23, 2025
It is possible to determine the worth of WEMA BANK on a given historical date. On January 23, 2025 WEMA was worth 10.45 at the beginning of the trading date compared to the closed value of 10.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WEMA BANK stock. Still, in general, we apply an absolute valuation method to find WEMA BANK'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 WEMA BANK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WEMA BANK's related companies.
| Open | High | Low | Close | Volume | |
| 10.50 | 10.50 | 10.10 | 10.45 | 5,564,538 | |
01/23/2025 | 10.45 | 10.45 | 10.05 | 10.40 | 10,018,126 |
| 10.40 | 10.40 | 10.05 | 10.40 | 10,409,603 |
| Backtest WEMA BANK | | | WEMA BANK History | Previous | Next |
WEMA BANK Trading Date Momentum on January 23, 2025
| On January 24 2025 WEMA BANK PLC was traded for 10.40 at the closing time. The highest price during the trading period was 10.40 and the lowest recorded bid was listed for 10.05 . The volume for the day was 10.4 M. This history from January 24, 2025 had no short-term effect on price fluctuation. The trading price change to the current price is 10.10% . |
Price Boundaries
WEMA BANK Period Price Range
Low | March 11, 2025
| High |
0.00 | 0.00 |
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WEMA BANK March 11, 2025 Market Strength
Market strength indicators help investors to evaluate how WEMA BANK stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WEMA BANK shares will generate the highest return on investment. By undertsting and applying WEMA BANK stock market strength indicators, traders can identify WEMA BANK PLC entry and exit signals to maximize returns
WEMA BANK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WEMA BANK's price direction in advance. Along with the technical and fundamental analysis of WEMA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WEMA 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.