Webstep ASA (Norway) Price on September 13, 2024
| WSTEP Stock | NOK 23.30 0.10 0.43% |
If you're considering investing in Webstep Stock, it is important to understand the factors that can impact its price. As of today, the current price of Webstep ASA stands at 23.30, as last reported on the 30th of November, with the highest price reaching 23.30 and the lowest price hitting 23.30 during the day. As of now, Webstep Stock is very steady. Webstep ASA shows Sharpe Ratio of 0.0255, which attests that the company had a 0.0255% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Webstep ASA, which you can use to evaluate the volatility of the company. Please check out Webstep ASA's Mean Deviation of 1.51, downside deviation of 2.35, and Market Risk Adjusted Performance of 0.1744 to validate if the risk estimate we provide is consistent with the expected return of 0.0583%.
Webstep Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Webstep |
Sharpe Ratio = 0.0255
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | WSTEP | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Webstep ASA is performing at about 2% 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 Webstep ASA by adding it to a well-diversified portfolio.
Webstep ASA Valuation on September 13, 2024
It is possible to determine the worth of Webstep ASA on a given historical date. On September 13, 2024 Webstep was worth 22.7 at the beginning of the trading date compared to the closed value of 23.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Webstep ASA stock. Still, in general, we apply an absolute valuation method to find Webstep ASA'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 Webstep ASA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Webstep ASA's related companies.
| Open | High | Low | Close | Volume | |
| 23.20 | 23.20 | 23.20 | 23.20 | 50.00 | |
09/13/2024 | 22.70 | 23.20 | 22.70 | 23.20 | 2.00 |
| 23.20 | 23.20 | 23.20 | 23.20 | 150.00 |
| Backtest Webstep ASA | | | Webstep ASA History | | | Webstep ASA Valuation | Previous | Next |
Webstep ASA Trading Date Momentum on September 13, 2024
| On September 16 2024 Webstep ASA was traded for 23.20 at the closing time. The highest price during the trading period was 23.20 and the lowest recorded bid was listed for 23.20 . The volume for the day was 150. This history from September 16, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 0.00% . |
Webstep ASA Fundamentals Correlations and Trends
By evaluating Webstep ASA'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 Webstep ASA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Webstep financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Webstep ASA Stock history
Webstep ASA 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 Webstep is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Webstep ASA 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 Webstep ASA stock prices may prove useful in developing a viable investing in Webstep ASA
Webstep ASA, together with its subsidiaries, provides information technology consultancy services to public and private businesses in Norway and Sweden. The company was founded in 2000 and is headquartered in Oslo, Norway. WEBSTEP ASA is traded on Oslo Stock Exchange in Norway.
Webstep ASA Stock Technical Analysis
Webstep ASA 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
Webstep ASA Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Webstep ASA 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.
Webstep ASA November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Webstep ASA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Webstep ASA shares will generate the highest return on investment. By undertsting and applying Webstep ASA stock market strength indicators, traders can identify Webstep ASA entry and exit signals to maximize returns
Webstep ASA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Webstep ASA's price direction in advance. Along with the technical and fundamental analysis of Webstep Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Webstep 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 | 0.0284 | |||
| Jensen Alpha | 0.0123 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1644 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in Webstep Stock
Webstep ASA financial ratios help investors to determine whether Webstep 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 Webstep with respect to the benefits of owning Webstep ASA security.