Wave Life Sciences Stock Price on November 6, 2024
| WVE Stock | USD 14.99 0.16 1.08% |
Below is the normalized historical share price chart for Wave Life Sciences extending back to November 11, 2015. 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 Wave Life stands at 14.99, as last reported on the 29th of November, with the highest price reaching 15.31 and the lowest price hitting 14.74 during the day.
If you're considering investing in Wave Stock, it is important to understand the factors that can impact its price. Wave Life is unstable given 3 months investment horizon. Wave Life Sciences shows Sharpe Ratio of 0.17, which attests that the company had a 0.17% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.15% are justified by taking the suggested risk. Use Wave Life Sciences Market Risk Adjusted Performance of 0.5819, mean deviation of 5.79, and Downside Deviation of 3.94 to evaluate company specific risk that cannot be diversified away.
At present, Wave Life's Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 111.4 M, whereas Preferred Stock Total Equity is forecasted to decline to about 7.4 M. . At present, Wave Life's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 16.29, whereas Price Earnings Ratio is forecasted to decline to (9.78). Wave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of November 2015 | 200 Day MA 7.2342 | 50 Day MA 11.9318 | Beta (1.21) |
Wave |
Sharpe Ratio = 0.1742
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Estimated Market Risk
| 12.33 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.15 actual daily | 42 58% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Wave Life is performing at about 13% 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 Wave Life by adding it to a well-diversified portfolio.
Price Book 16.1414 | Enterprise Value Ebitda (10.12) | Price Sales 42.6464 | Shares Float 79.5 M | Wall Street Target Price 22.3 |
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Wave Life Valuation on November 6, 2024
It is possible to determine the worth of Wave Life on a given historical date. On November 6, 2024 Wave was worth 14.53 at the beginning of the trading date compared to the closed value of 14.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wave Life stock. Still, in general, we apply an absolute valuation method to find Wave Life'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 Wave Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wave Life's related companies.
| Open | High | Low | Close | Volume | |
| 13.79 | 13.91 | 13.42 | 13.84 | 1,002,562 | |
11/06/2024 | 14.53 | 14.93 | 13.80 | 14.20 | 1,343,683 |
| 14.21 | 14.85 | 14.21 | 14.83 | 846,024 |
| Backtest Wave Life | | | Wave Life History | | | Wave Life Valuation | Previous | Next |
Wave Life Trading Date Momentum on November 6, 2024
| On November 07 2024 Wave Life Sciences was traded for 14.83 at the closing time. Highest Wave Life's price during the trading hours was 14.85 and the lowest price during the day was 14.21 . The net volume was 846 K. The overall trading history on the 7th of November contributed to the next trading period price growth. The trading price change to the next next day price was 4.44% . The trading price change to current price is 3.73% . |
Wave Life Sciences Fundamentals Correlations and Trends
By evaluating Wave Life'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 Wave Life's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wave financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wave Life Stock history
Wave Life 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 Wave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wave Life Sciences 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 Wave Life stock prices may prove useful in developing a viable investing in Wave Life
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 106.1 M | 111.4 M | |
| Net Loss | -145.6 M | -152.9 M |
Wave Life Stock Technical Analysis
Wave Life 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
Wave Life Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Wave Life Sciences 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.
Wave Life November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Wave Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wave Life shares will generate the highest return on investment. By undertsting and applying Wave Life stock market strength indicators, traders can identify Wave Life Sciences entry and exit signals to maximize returns
Wave Life Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wave Life's price direction in advance. Along with the technical and fundamental analysis of Wave Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wave 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 | 0.138 | |||
| Jensen Alpha | 1.61 | |||
| Total Risk Alpha | 0.1982 | |||
| Sortino Ratio | 0.4822 | |||
| Treynor Ratio | 0.5719 |
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| Volume Indicators |
Complementary Tools for Wave Stock analysis
When running Wave Life's price analysis, check to measure Wave Life'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 Wave Life is operating at the current time. Most of Wave Life's value examination focuses on studying past and present price action to predict the probability of Wave Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wave Life's price. Additionally, you may evaluate how the addition of Wave Life to your portfolios can decrease your overall portfolio volatility.
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