Wesizwe (South Africa) Price on November 4, 2024
WEZ Stock | 42.00 4.00 8.70% |
If you're considering investing in Wesizwe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wesizwe stands at 42.00, as last reported on the 29th of November, with the highest price reaching 47.00 and the lowest price hitting 41.00 during the day. Wesizwe shows Sharpe Ratio of -0.0131, which attests that the company had a -0.0131% return per unit of risk over the last 3 months. Wesizwe exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wesizwe's Mean Deviation of 2.52, market risk adjusted performance of (0.26), and Standard Deviation of 3.59 to validate the risk estimate we provide.
Wesizwe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wesizwe |
Sharpe Ratio = -0.0131
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Estimated Market Risk
3.57 actual daily | 31 69% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wesizwe 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 Wesizwe by adding Wesizwe to a well-diversified portfolio.
Wesizwe Valuation on November 4, 2024
It is possible to determine the worth of Wesizwe on a given historical date. On November 4, 2024 Wesizwe was worth 49.0 at the beginning of the trading date compared to the closed value of 46.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wesizwe stock. Still, in general, we apply an absolute valuation method to find Wesizwe'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 Wesizwe where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wesizwe's related companies.
Open | High | Low | Close | Volume | |
48.00 | 48.00 | 47.00 | 47.00 | 77,014 | |
11/04/2024 | 49.00 | 49.00 | 46.00 | 46.00 | 123,045 |
47.00 | 49.00 | 47.00 | 47.00 | 56,969 |
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Wesizwe Trading Date Momentum on November 4, 2024
On November 05 2024 Wesizwe was traded for 47.00 at the closing time. The highest price during the trading period was 49.00 and the lowest recorded bid was listed for 47.00 . The volume for the day was 57 K. This history from November 5, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 2.17% . The trading price change to the current price is 2.17% . |
Wesizwe Fundamentals Correlations and Trends
By evaluating Wesizwe'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 Wesizwe's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wesizwe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wesizwe Stock history
Wesizwe 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 Wesizwe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wesizwe 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 Wesizwe stock prices may prove useful in developing a viable investing in Wesizwe
Wesizwe Stock Technical Analysis
Wesizwe technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Wesizwe Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Wesizwe cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Wesizwe November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Wesizwe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wesizwe shares will generate the highest return on investment. By undertsting and applying Wesizwe stock market strength indicators, traders can identify Wesizwe entry and exit signals to maximize returns
Wesizwe Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wesizwe's price direction in advance. Along with the technical and fundamental analysis of Wesizwe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wesizwe 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 | (0.01) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.66) | |||
Treynor Ratio | (0.27) |
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Volume Indicators |
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When running Wesizwe's price analysis, check to measure Wesizwe'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 Wesizwe is operating at the current time. Most of Wesizwe's value examination focuses on studying past and present price action to predict the probability of Wesizwe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wesizwe's price. Additionally, you may evaluate how the addition of Wesizwe to your portfolios can decrease your overall portfolio volatility.
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