Wise Group (Sweden) Price on September 13, 2024

WISE Stock  SEK 16.40  0.30  1.86%   
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 16.40, as last reported on the 30th of November, with the highest price reaching 16.55 and the lowest price hitting 16.05 during the day. Wise Group AB shows Sharpe Ratio of -0.14, which attests that the company had a -0.14% 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 Standard Deviation of 2.69, mean deviation of 1.95, and Market Risk Adjusted Performance of 1.14 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.

Sharpe Ratio = -0.1442

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Estimated Market Risk

 2.69
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.39
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.14
  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 September 13, 2024

It is possible to determine the worth of Wise Group on a given historical date. On September 13, 2024 Wise was worth 20.5 at the beginning of the trading date compared to the closed value of 21.1. 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
  20.70    20.70    20.20    20.60    778.00  
09/13/2024
  20.50    21.10    20.20    21.10    206.00  
  21.00    21.00    20.20    20.90    37.00  
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Open Value
20.5
21.1
Closing Value
28.56
Upside

Wise Group Trading Date Momentum on September 13, 2024

On September 16 2024 Wise Group AB was traded for  20.90  at the closing time. The highest price during the trading period was 21.00  and the lowest recorded bid was listed for  20.20 . The volume for the day was 37.0. This history from September 16, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.95% . The trading price change to the current price is 1.90% .

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.
A focus of Wise Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wise Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Wise Group Period Price Range

Low
November 30, 2024
0.00  NaN%
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 November 30, 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.

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.