Well Graded (Thailand) Price on August 3, 2023
WGE Stock | THB 0.72 0.02 2.86% |
If you're considering investing in Well Stock, it is important to understand the factors that can impact its price. As of today, the current price of Well Graded stands at 0.72, as last reported on the 4th of December, with the highest price reaching 0.74 and the lowest price hitting 0.68 during the day. Well Graded Engineering shows Sharpe Ratio of -0.062, which attests that the company had a -0.062% return per unit of risk over the last 3 months. Well Graded Engineering exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Well Graded's Mean Deviation of 1.82, market risk adjusted performance of 0.0706, and Standard Deviation of 2.89 to validate the risk estimate we provide.
Well Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Well |
Sharpe Ratio = -0.062
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Estimated Market Risk
2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Well Graded 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 Well Graded by adding Well Graded to a well-diversified portfolio.
Well Graded Valuation on August 3, 2023
It is possible to determine the worth of Well Graded on a given historical date. On August 3, 2023 Well was worth 0.86 at the beginning of the trading date compared to the closed value of 0.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Well Graded stock. Still, in general, we apply an absolute valuation method to find Well Graded'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 Well Graded where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Well Graded's related companies.
Open | High | Low | Close | Volume | |
0.88 | 0.88 | 0.86 | 0.87 | 57,300 | |
08/03/2023 | 0.86 | 0.88 | 0.85 | 0.85 | 51,000 |
0.87 | 0.88 | 0.85 | 0.86 | 24,400 |
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Well Graded Trading Date Momentum on August 3, 2023
On August 04 2023 Well Graded Engineering was traded for 0.86 at the closing time. The maximum traded price for the trading interval was 0.88 and the lowest daily price was 0.85 . The daily volume was recorded at 24.4 K. The volume of trading on 4th of August 2023 played a part in the next trading day price upswing. The trading price change to the next closing price was 1.18% . The trading price change to the closing price today is 0.00% . |
Well Graded Engineering Fundamentals Correlations and Trends
By evaluating Well Graded'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 Well Graded's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Well financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Well Graded Stock history
Well Graded 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 Well is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Well Graded Engineering 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 Well Graded stock prices may prove useful in developing a viable investing in Well Graded
Well Graded Engineering Public Company Limited operates as a construction contractor in Thailand. The company was incorporated in 2010 and is headquartered in Nonthaburi, Thailand. WELL GRADED operates under Engineering Construction classification in Thailand and is traded on Stock Exchange of Thailand.
Well Graded Stock Technical Analysis
Well Graded 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
Well Graded Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Well Graded Engineering cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand 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.
Well Graded December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Well Graded stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Well Graded shares will generate the highest return on investment. By undertsting and applying Well Graded stock market strength indicators, traders can identify Well Graded Engineering entry and exit signals to maximize returns
Well Graded Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Well Graded's price direction in advance. Along with the technical and fundamental analysis of Well Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Well 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 | (0.02) | |||
Jensen Alpha | 0.0764 | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | 0.0606 |
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Other Information on Investing in Well Stock
Well Graded financial ratios help investors to determine whether Well Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Well with respect to the benefits of owning Well Graded security.