Wang Lee Group, Stock Price on October 3, 2024

WLGS Stock   4.22  0.30  7.65%   
If you're considering investing in Wang Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wang Lee stands at 4.22, as last reported on the 24th of November, with the highest price reaching 4.44 and the lowest price hitting 3.30 during the day. Wang Lee is dangerous given 3 months investment horizon. Wang Lee Group, shows Sharpe Ratio of 0.32, which attests that the company had a 0.32% return per unit of risk over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 3.88% are justified by taking the suggested risk. Use Wang Lee Group, Mean Deviation of 9.02, market risk adjusted performance of 2.1, and Downside Deviation of 9.08 to evaluate company specific risk that cannot be diversified away.
  
Other Stockholder Equity is likely to gain to about 658.3 K in 2024. Common Stock is likely to gain to about 8.8 M in 2024. At this time, Wang Lee's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.20 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (15.80). Wang Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3232

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Estimated Market Risk

 12.01
  actual daily
96
96% of assets are less volatile

Expected Return

 3.88
  actual daily
77
77% of assets have lower returns

Risk-Adjusted Return

 0.32
  actual daily
25
75% of assets perform better
Based on monthly moving average Wang Lee is performing at about 25% 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 Wang Lee by adding it to a well-diversified portfolio.
Price Book
10.6002
Enterprise Value Ebitda
(0.74)
Price Sales
9.3315
Shares Float
3.1 M
Earnings Share
(0.04)

Wang Lee Valuation on October 3, 2024

It is possible to determine the worth of Wang Lee on a given historical date. On October 3, 2024 Wang was worth 1.59 at the beginning of the trading date compared to the closed value of 1.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wang Lee stock. Still, in general, we apply an absolute valuation method to find Wang Lee'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 Wang Lee where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wang Lee's related companies.
 Open High Low Close Volume
  1.80    1.81    1.54    1.65    185,067  
10/03/2024
  1.59    1.86    1.40    1.78    107,200  
  1.86    2.00    1.62    1.70    137,522  
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Open Value
1.59
1.78
Closing Value
37.61
Upside

Wang Lee Trading Date Momentum on October 3, 2024

On October 04 2024 Wang Lee Group, was traded for  1.70  at the closing time. The top price for the day was 2.00  and the lowest listed price was  1.62 . The trading volume for the day was 137.5 K. The trading history from October 4, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 4.49% . The trading price change against the current closing price is 5.62% .

Wang Lee Group, Fundamentals Correlations and Trends

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

About Wang Lee Stock history

Wang Lee 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 Wang is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wang Lee Group, 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 Wang Lee stock prices may prove useful in developing a viable investing in Wang Lee
Last ReportedProjected for Next Year
Common Stock Shares Outstanding15.1 M16.5 M
Net Loss-537.2 K-510.3 K

Wang Lee Stock Technical Analysis

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

Wang Lee Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Wang Lee Group, cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Wang Lee November 24, 2024 Market Strength

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

Wang Lee Technical and Predictive Indicators

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

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