Meiwu Technology Co Stock Price on October 21, 2024

WNW Stock  USD 1.00  0.04  4.17%   
If you're considering investing in Meiwu Stock, it is important to understand the factors that can impact its price. As of today, the current price of Meiwu Technology stands at 1.00, as last reported on the 29th of November, with the highest price reaching 1.05 and the lowest price hitting 0.90 during the day. Meiwu Technology appears to be extremely dangerous, given 3 months investment horizon. Meiwu Technology has Sharpe Ratio of 0.0935, which conveys that the firm had a 0.0935% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Meiwu Technology, which you can use to evaluate the volatility of the firm. Please exercise Meiwu Technology's Risk Adjusted Performance of 0.0707, mean deviation of 2.8, and Downside Deviation of 3.59 to check out if our risk estimates are consistent with your expectations.
  
At this time, Meiwu Technology's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 5.4 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 23.9 M in 2024. . Price To Sales Ratio is likely to drop to 0.76 in 2024. Price Earnings Ratio is likely to climb to -0.52 in 2024. Meiwu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0935

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Estimated Market Risk

 4.31
  actual daily
38
62% of assets are more volatile

Expected Return

 0.4
  actual daily
7
93% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Meiwu Technology 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 Meiwu Technology by adding it to a well-diversified portfolio.
Price Book
3.6571
Enterprise Value Ebitda
1.8552
Price Sales
3.0388
Shares Float
211.8 K
Earnings Share
(6.28)

Meiwu Technology Valuation on October 21, 2024

It is possible to determine the worth of Meiwu Technology on a given historical date. On October 21, 2024 Meiwu was worth 0.78 at the beginning of the trading date compared to the closed value of 0.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Meiwu Technology stock. Still, in general, we apply an absolute valuation method to find Meiwu Technology'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 Meiwu Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Meiwu Technology's related companies.
 Open High Low Close Volume
  0.78    0.80    0.76    0.77    73,053  
10/21/2024
  0.78    0.80    0.75    0.78    112,972  
  0.80    0.81    0.77    0.80    43,158  
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Open Value
0.78
0.78
Closing Value
13.72
Upside

Meiwu Technology Trading Date Momentum on October 21, 2024

On October 22 2024 Meiwu Technology Co was traded for  0.80  at the closing time. Highest Meiwu Technology's price during the trading hours was 0.81  and the lowest price during the day was  0.77 . The net volume was 43.2 K. The overall trading history on the 22nd of October contributed to the next trading period price increase. The trading price change to the next next day price was 2.56% . The trading delta at closing time to current price is 1.28% .

Meiwu Technology Fundamentals Correlations and Trends

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

About Meiwu Technology Stock history

Meiwu Technology 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 Meiwu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Meiwu Technology 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 Meiwu Technology stock prices may prove useful in developing a viable investing in Meiwu Technology
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.9 M5.4 M
Net Loss-973.8 K-1 M

Meiwu Technology Stock Technical Analysis

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

Meiwu Technology Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Meiwu Technology Co 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.

Meiwu Technology November 29, 2024 Market Strength

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

Meiwu Technology Technical and Predictive Indicators

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

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