WI LAN (Germany) Price on August 1, 2024
| WJL Stock | EUR 1.18 0.06 5.36% |
If you're considering investing in WJL Stock, it is important to understand the factors that can impact its price. As of today, the current price of WI LAN stands at 1.18, as last reported on the 1st of December, with the highest price reaching 1.18 and the lowest price hitting 1.18 during the day. WI LAN appears to be dangerous, given 3 months investment horizon. WI LAN retains Efficiency (Sharpe Ratio) of 0.0654, which attests that the company had a 0.0654% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for WI LAN, which you can use to evaluate the volatility of the company. Please utilize WI LAN's standard deviation of 3.18, and Market Risk Adjusted Performance of (0.45) to validate if our risk estimates are consistent with your expectations.
WJL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
WJL |
Sharpe Ratio = 0.0654
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Estimated Market Risk
| 3.3 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average WI LAN is performing at about 5% 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 WI LAN by adding it to a well-diversified portfolio.
WI LAN Valuation on August 1, 2024
It is possible to determine the worth of WI LAN on a given historical date. On August 1, 2024 WJL was worth 1.12 at the beginning of the trading date compared to the closed value of 1.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WI LAN stock. Still, in general, we apply an absolute valuation method to find WI LAN'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 WI LAN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WI LAN's related companies.
| Open | High | Low | Close | Volume | |
| 1.09 | 1.09 | 1.09 | 1.09 | 200.00 | |
08/01/2024 | 1.12 | 1.12 | 1.12 | 1.12 | 200.00 |
| 1.12 | 1.12 | 1.11 | 1.11 | 200.00 |
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WI LAN Trading Date Momentum on August 1, 2024
| On August 02 2024 WI LAN was traded for 1.11 at the closing time. The maximum traded price for the trading interval was 1.12 and the lowest daily price was 1.11 . The daily volume was recorded at 200. The volume of trading on 2nd of August 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 0.89% . The trading price change to the closing price today is 6.25% . |
WI LAN Fundamentals Correlations and Trends
By evaluating WI LAN'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 WI LAN's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WJL financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WI LAN Stock history
WI LAN 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 WJL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WI LAN 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 WI LAN stock prices may prove useful in developing a viable investing in WI LAN
WI LAN Stock Technical Analysis
WI LAN 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
WI LAN Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
WI LAN cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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.
WI LAN December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how WI LAN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WI LAN shares will generate the highest return on investment. By undertsting and applying WI LAN stock market strength indicators, traders can identify WI LAN entry and exit signals to maximize returns
WI LAN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WI LAN's price direction in advance. Along with the technical and fundamental analysis of WJL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WJL 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 | 0.0655 | |||
| Jensen Alpha | 0.2957 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.034 | |||
| Treynor Ratio | (0.46) |
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| Volume Indicators |
Complementary Tools for WJL Stock analysis
When running WI LAN's price analysis, check to measure WI LAN'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 WI LAN is operating at the current time. Most of WI LAN's value examination focuses on studying past and present price action to predict the probability of WI LAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WI LAN's price. Additionally, you may evaluate how the addition of WI LAN to your portfolios can decrease your overall portfolio volatility.
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