Wajax Stock Price on October 9, 2024
| WJX Stock | CAD 21.46 0.36 1.65% |
Below is the normalized historical share price chart for Wajax extending back to March 17, 1980. 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 Wajax stands at 21.46, as last reported on the 27th of November, with the highest price reaching 22.00 and the lowest price hitting 21.30 during the day.
If you're considering investing in Wajax Stock, it is important to understand the factors that can impact its price. Wajax shows Sharpe Ratio of -0.0869, which attests that the company had a -0.0869% return per unit of risk over the last 3 months. Wajax exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wajax's Market Risk Adjusted Performance of 9.48, mean deviation of 1.31, and Standard Deviation of 2.49 to validate the risk estimate we provide.
At this time, Wajax's Capital Stock is very stable compared to the past year. As of the 27th of November 2024, Stock Based Compensation is likely to grow to about 9.9 M, while Total Stockholder Equity is likely to drop about 285.7 M. . As of the 27th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.73, while Price To Sales Ratio is likely to drop 0.25. Wajax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 27.4061 | 50 Day MA 24.1466 | Beta 1.794 |
Wajax |
Sharpe Ratio = -0.0869
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| Negative Returns | WJX |
Estimated Market Risk
| 2.54 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wajax 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 Wajax by adding Wajax to a well-diversified portfolio.
Price Book 0.9133 | Enterprise Value Ebitda 6.0073 | Price Sales 0.2286 | Shares Float 21.5 M | Dividend Share 1.38 |
Wajax Valuation on October 9, 2024
It is possible to determine the worth of Wajax on a given historical date. On October 9, 2024 Wajax was worth 25.23 at the beginning of the trading date compared to the closed value of 25.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wajax stock. Still, in general, we apply an absolute valuation method to find Wajax'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 Wajax where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wajax's related companies.
| Open | High | Low | Close | Volume | |
| 25.59 | 25.59 | 25.15 | 25.17 | 11,100 | |
10/09/2024 | 25.23 | 25.45 | 25.07 | 25.41 | 24,038 |
| 25.60 | 25.76 | 25.39 | 25.76 | 21,896 |
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Wajax Trading Date Momentum on October 9, 2024
| On October 10 2024 Wajax was traded for 25.76 at the closing time. The maximum traded price for the trading interval was 25.76 and the lowest daily price was 25.39 . The daily volume was recorded at 21.9 K. The volume of trading on 10th of October 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 1.38% . The trading price change to the closing price today is 0.75% . |
Wajax Fundamentals Correlations and Trends
By evaluating Wajax'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 Wajax's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wajax financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wajax Stock history
Wajax 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 Wajax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wajax 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 Wajax stock prices may prove useful in developing a viable investing in Wajax
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 22.3 M | 19.9 M | |
| Net Income Applicable To Common Shares | 83.3 M | 87.4 M |
Wajax Quarterly Net Working Capital |
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Wajax Stock Technical Analysis
Wajax 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
Wajax Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Wajax cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
Wajax November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Wajax stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wajax shares will generate the highest return on investment. By undertsting and applying Wajax stock market strength indicators, traders can identify Wajax entry and exit signals to maximize returns
Wajax Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wajax's price direction in advance. Along with the technical and fundamental analysis of Wajax Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wajax 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 | (0.04) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | 9.47 |
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Other Information on Investing in Wajax Stock
Wajax financial ratios help investors to determine whether Wajax 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 Wajax with respect to the benefits of owning Wajax security.