Wise Group (Sweden) Price on February 1, 2023
| WISE Stock | SEK 16.50 0.05 0.30% |
If you're considering investing in Wise Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wise Group stands at 16.50, as last reported on the 11th of December 2024, with the highest price reaching 17.80 and the lowest price hitting 16.45 during the day. Wise Group AB shows Sharpe Ratio of -0.13, which attests that the company had a -0.13% return per unit of risk over the last 3 months. Wise Group AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wise Group's Market Risk Adjusted Performance of (2.18), standard deviation of 2.44, and Mean Deviation of 1.78 to validate the risk estimate we provide.
Wise Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wise |
Sharpe Ratio = -0.1277
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Estimated Market Risk
| 2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wise 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 Wise Group by adding Wise Group to a well-diversified portfolio.
Wise Group Valuation on February 1, 2023
It is possible to determine the worth of Wise Group on a given historical date. On February 1, 2023 Wise was worth 39.7 at the beginning of the trading date compared to the closed value of 35.53. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wise Group stock. Still, in general, we apply an absolute valuation method to find Wise 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 Wise Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wise Group's related companies.
| Open | High | Low | Close | Volume | |
| 39.90 | 41.20 | 36.17 | 36.17 | 2,454 | |
02/01/2023 | 39.70 | 39.70 | 35.53 | 35.53 | 3,756 |
| 39.00 | 41.50 | 37.81 | 37.81 | 8,953 |
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Wise Group Trading Date Momentum on February 1, 2023
| On February 02 2023 Wise Group AB was traded for 37.81 at the closing time. The highest price during the trading period was 41.50 and the lowest recorded bid was listed for 37.81 . The volume for the day was 9 K. This history from February 2, 2023 contributed to the next trading day price appreciation. The trading price change to the next closing price was 6.42% . The trading price change to the current price is 24.96% . |
Wise Group AB Fundamentals Correlations and Trends
By evaluating Wise 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 Wise Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wise financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wise Group Stock history
Wise 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 Wise is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wise Group AB 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 Wise Group stock prices may prove useful in developing a viable investing in Wise Group
Wise Group AB provides recruitment, consultancy, and HR services in Sweden and internationally. It also offers leadership training recruitment, consultancy, and interim solutions within finance and digital information services, HR systems, and training, as well as builds the sales organizations Wise Group AB is based in Stockholm, Sweden. Wise Group operates under HR And Recruitment classification in Sweden and is traded on Stockholm Stock Exchange.
Wise Group Stock Technical Analysis
Wise Group 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
Wise Group Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Wise Group AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.
Wise Group December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Wise Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wise Group shares will generate the highest return on investment. By undertsting and applying Wise Group stock market strength indicators, traders can identify Wise Group AB entry and exit signals to maximize returns
Wise Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wise Group's price direction in advance. Along with the technical and fundamental analysis of Wise Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wise 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 | (0.09) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (2.19) |
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Additional Tools for Wise Stock Analysis
When running Wise Group's price analysis, check to measure Wise 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 Wise Group is operating at the current time. Most of Wise Group's value examination focuses on studying past and present price action to predict the probability of Wise 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 Wise Group's price. Additionally, you may evaluate how the addition of Wise Group to your portfolios can decrease your overall portfolio volatility.