Waste Plastic (Norway) Price on February 9, 2024
| WPU Stock | 14.45 0.55 3.96% |
If you're considering investing in Waste Stock, it is important to understand the factors that can impact its price. As of today, the current price of Waste Plastic stands at 14.45, as last reported on the 27th of November, with the highest price reaching 14.45 and the lowest price hitting 13.15 during the day. Waste Plastic Upcycling shows Sharpe Ratio of -0.21, which attests that the company had a -0.21% return per unit of risk over the last 3 months. Waste Plastic Upcycling exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Waste Plastic's Market Risk Adjusted Performance of 4.81, standard deviation of 3.89, and Mean Deviation of 2.94 to validate the risk estimate we provide.
Waste Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Waste |
Sharpe Ratio = -0.213
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Estimated Market Risk
| 3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.83 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Waste Plastic 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 Waste Plastic by adding Waste Plastic to a well-diversified portfolio.
Waste Plastic Valuation on February 9, 2024
It is possible to determine the worth of Waste Plastic on a given historical date. On February 9, 2024 Waste was worth 30.5 at the beginning of the trading date compared to the closed value of 29.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Waste Plastic stock. Still, in general, we apply an absolute valuation method to find Waste Plastic'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 Waste Plastic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Waste Plastic's related companies.
| Open | High | Low | Close | Volume | |
| 30.50 | 30.50 | 30.40 | 30.40 | 66.00 | |
02/09/2024 | 30.50 | 30.50 | 29.00 | 29.50 | 5,793 |
| 28.00 | 28.00 | 24.90 | 24.90 | 33,648 |
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Waste Plastic Trading Date Momentum on February 9, 2024
| On February 12 2024 Waste Plastic Upcycling was traded for 24.90 at the closing time. The maximum traded price for the trading interval was 28.00 and the lowest daily price was 24.90 . The daily volume was recorded at 33.6 K. The volume of trading on 12th of February 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 15.59% . The trading price change to the closing price today is 0.68% . |
Waste Plastic Upcycling Fundamentals Correlations and Trends
By evaluating Waste Plastic'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 Waste Plastic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Waste financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Waste Plastic Stock history
Waste Plastic 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 Waste is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Waste Plastic Upcycling 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 Waste Plastic stock prices may prove useful in developing a viable investing in Waste Plastic
Waste Plastic Stock Technical Analysis
Waste Plastic 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
Waste Plastic Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Waste Plastic Upcycling cannot be verified against its exchange. Please verify the symbol is currently traded on Oslo Stock 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.
Waste Plastic November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Waste Plastic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Waste Plastic shares will generate the highest return on investment. By undertsting and applying Waste Plastic stock market strength indicators, traders can identify Waste Plastic Upcycling entry and exit signals to maximize returns
Waste Plastic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Waste Plastic's price direction in advance. Along with the technical and fundamental analysis of Waste Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Waste 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 | (0.16) | |||
| Jensen Alpha | (0.85) | |||
| Total Risk Alpha | (1.47) | |||
| Treynor Ratio | 4.8 |
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Other Information on Investing in Waste Stock
Waste Plastic financial ratios help investors to determine whether Waste 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 Waste with respect to the benefits of owning Waste Plastic security.