Western New England Stock Price on July 25, 2024
WNEB Stock | USD 9.38 0.01 0.11% |
Below is the normalized historical share price chart for Western New England extending back to December 28, 2001. 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 Western New stands at 9.38, as last reported on the 30th of November, with the highest price reaching 9.43 and the lowest price hitting 9.38 during the day.
If you're considering investing in Western Stock, it is important to understand the factors that can impact its price. At this point, Western New is not too volatile. Western New England shows Sharpe Ratio of 0.0898, which attests that the company had a 0.0898% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Western New England, which you can use to evaluate the volatility of the company. Please check out Western New's Mean Deviation of 0.7587, downside deviation of 0.8402, and Market Risk Adjusted Performance of 0.1553 to validate if the risk estimate we provide is consistent with the expected return of 0.11%.
At present, Western New's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 138.6 M, whereas Total Stockholder Equity is forecasted to decline to about 216 M. . At present, Western New's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 17.14, whereas Price To Sales Ratio is forecasted to decline to 2.35. Western Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of May 2002 | 200 Day MA 7.7866 | 50 Day MA 8.7762 | Beta 0.672 |
Western |
Sharpe Ratio = 0.0898
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Estimated Market Risk
1.23 actual daily | 10 90% of assets are more volatile |
Expected Return
0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Western New is performing at about 7% 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 Western New by adding it to a well-diversified portfolio.
Price Book 0.8184 | Price Sales 2.7164 | Shares Float 15.7 M | Dividend Share 0.28 | Wall Street Target Price 9 |
Western New Valuation on July 25, 2024
It is possible to determine the worth of Western New on a given historical date. On July 25, 2024 Western was worth 8.25 at the beginning of the trading date compared to the closed value of 8.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western New stock. Still, in general, we apply an absolute valuation method to find Western New'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 Western New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western New's related companies.
Open | High | Low | Close | Volume | |
8.11 | 8.40 | 8.11 | 8.35 | 21,580 | |
07/25/2024 | 8.25 | 8.43 | 8.17 | 8.35 | 27,958 |
8.35 | 8.44 | 8.24 | 8.32 | 22,504 |
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Western New Trading Date Momentum on July 25, 2024
On July 26 2024 Western New England was traded for 8.32 at the closing time. The top price for the day was 8.44 and the lowest listed price was 8.24 . The trading volume for the day was 22.5 K. The trading history from July 26, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.36% . The trading price change against the current closing price is 10.78% . |
Western New England Fundamentals Correlations and Trends
By evaluating Western New'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 Western New's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Western financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Western New Stock history
Western New 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 Western is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Western New England 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 Western New stock prices may prove useful in developing a viable investing in Western New
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 21.6 M | 21.7 M | |
Net Income Applicable To Common Shares | 29.8 M | 31.3 M |
Western New Stock Technical Analysis
Western New 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
Western New Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Western New England 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.
Western New November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Western New stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Western New shares will generate the highest return on investment. By undertsting and applying Western New stock market strength indicators, traders can identify Western New England entry and exit signals to maximize returns
Western New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Western New's price direction in advance. Along with the technical and fundamental analysis of Western Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Western 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 | 0.063 | |||
Jensen Alpha | 0.0102 | |||
Total Risk Alpha | (0.12) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.1453 |
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Complementary Tools for Western Stock analysis
When running Western New's price analysis, check to measure Western New'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 Western New is operating at the current time. Most of Western New's value examination focuses on studying past and present price action to predict the probability of Western New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western New's price. Additionally, you may evaluate how the addition of Western New to your portfolios can decrease your overall portfolio volatility.
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