Wipro Limited Adr Stock Price on November 12, 2024

WIT Stock  USD 6.98  0.19  2.80%   
Below is the normalized historical share price chart for Wipro Limited ADR extending back to October 19, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Wipro Limited stands at 6.98, as last reported on the 22nd of November, with the highest price reaching 7.02 and the lowest price hitting 6.88 during the day.
IPO Date
19th of October 2000
200 Day MA
6.0485
50 Day MA
6.5716
Beta
0.708
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Wipro Stock, it is important to understand the factors that can impact its price. Wipro Limited appears to be somewhat reliable, given 3 months investment horizon. Wipro Limited ADR shows Sharpe Ratio of 0.12, which attests that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wipro Limited ADR, which you can use to evaluate the volatility of the company. Please utilize Wipro Limited's Mean Deviation of 1.33, market risk adjusted performance of 0.1215, and Downside Deviation of 1.38 to validate if our risk estimates are consistent with your expectations.
  
At this time, Wipro Limited's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 13.2 B in 2024, whereas Common Stock is likely to drop slightly above 5.4 B in 2024. . At this time, Wipro Limited's Price Earnings Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 29.72 in 2024, whereas Price To Sales Ratio is likely to drop 2.71 in 2024. Wipro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1155

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Estimated Market Risk

 1.76
  actual daily
15
85% of assets are more volatile

Expected Return

 0.2
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Wipro Limited is performing at about 9% 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 Wipro Limited by adding it to a well-diversified portfolio.
Price Book
3.6591
Enterprise Value Ebitda
12.7269
Price Sales
0.04
Shares Float
1.5 B
Wall Street Target Price
5.7611

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Wipro Limited Valuation on November 12, 2024

It is possible to determine the worth of Wipro Limited on a given historical date. On November 12, 2024 Wipro was worth 6.9 at the beginning of the trading date compared to the closed value of 6.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wipro Limited stock. Still, in general, we apply an absolute valuation method to find Wipro Limited'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 Wipro Limited where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wipro Limited's related companies.
 Open High Low Close Volume
  6.89    7.04    6.86    7.00    4,235,710  
11/12/2024
  6.90    6.95    6.89    6.92    3,318,685  
  6.87    6.88    6.78    6.87    3,720,535  
Backtest Wipro Limited  |  Wipro Limited History  |  Wipro Limited Valuation   PreviousNext  
Open Value
6.9
6.92
Closing Value
12.17
Upside

Wipro Limited Trading Date Momentum on November 12, 2024

On November 13 2024 Wipro Limited ADR was traded for  6.87  at the closing time. Highest Wipro Limited's price during the trading hours was 6.88  and the lowest price during the day was  6.78 . The net volume was 3.7 M. The overall trading history on the 13th of November 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.72% . The trading price change to current price is 0.58% .

Wipro Limited ADR Fundamentals Correlations and Trends

By evaluating Wipro Limited'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 Wipro Limited's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wipro financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Wipro Limited Stock history

Wipro Limited 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 Wipro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wipro Limited ADR 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 Wipro Limited stock prices may prove useful in developing a viable investing in Wipro Limited
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.3 B4.8 B
Net Income Applicable To Common Shares130.5 B137.1 B

Wipro Limited Quarterly Net Working Capital

475.54 Billion

Wipro Limited Stock Technical Analysis

Wipro Limited 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 Wipro Limited technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wipro Limited 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

Wipro Limited Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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Wipro Limited November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Wipro Limited stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wipro Limited shares will generate the highest return on investment. By undertsting and applying Wipro Limited stock market strength indicators, traders can identify Wipro Limited ADR entry and exit signals to maximize returns

Wipro Limited Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Wipro Limited's price direction in advance. Along with the technical and fundamental analysis of Wipro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wipro 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 Wipro Stock Analysis

When running Wipro Limited's price analysis, check to measure Wipro Limited'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 Wipro Limited is operating at the current time. Most of Wipro Limited's value examination focuses on studying past and present price action to predict the probability of Wipro Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wipro Limited's price. Additionally, you may evaluate how the addition of Wipro Limited to your portfolios can decrease your overall portfolio volatility.