WEMA BANK (Nigeria) Price History
| WEMABANK | 8.75 0.15 1.69% |
If you're considering investing in WEMA Stock, it is important to understand the factors that can impact its price. As of today, the current price of WEMA BANK stands at 8.75, as last reported on the 1st of December, with the highest price reaching 8.95 and the lowest price hitting 8.50 during the day. WEMA BANK appears to be somewhat reliable, given 3 months investment horizon. WEMA BANK PLC shows Sharpe Ratio of 0.18, which attests that the company had a 0.18% return per unit of standard deviation over the last 3 months. By reviewing WEMA BANK's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize WEMA BANK's Downside Deviation of 3.29, mean deviation of 1.94, and Risk Adjusted Performance of 0.152 to validate if our risk estimates are consistent with your expectations.
WEMA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
WEMA |
Sharpe Ratio = 0.1769
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | WEMABANK | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.94 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average WEMA BANK 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 WEMA BANK by adding it to a well-diversified portfolio.
WEMA BANK Stock Price History Chart
There are several ways to analyze WEMA Stock price data. The simplest method is using a basic WEMA candlestick price chart, which shows WEMA BANK price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | November 25, 2024 | 9.0 |
| Lowest Price | September 12, 2024 | 6.4 |
WEMA BANK December 1, 2024 Stock Price Synopsis
Various analyses of WEMA BANK's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell WEMA Stock. It can be used to describe the percentage change in the price of WEMA BANK from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of WEMA Stock.| WEMA BANK Price Action Indicator | (0.05) | |
| WEMA BANK Price Daily Balance Of Power | (0.33) | |
| WEMA BANK Price Rate Of Daily Change | 0.98 |
WEMA BANK December 1, 2024 Stock Price Analysis
WEMA Stock Price History Data
| Open | High | Low | Close | Volume | ||
12/01/2024 | 8.90 | 8.95 | 8.50 | 8.75 | ||
| 11/29/2024 | 8.90 | 8.95 | 8.50 | 8.75 | 4,925,156 | |
| 11/28/2024 | 8.70 | 8.90 | 8.35 | 8.90 | 1,385,737 | |
| 11/27/2024 | 8.95 | 8.95 | 8.60 | 8.70 | 2,977,704 | |
| 11/26/2024 | 9.00 | 9.00 | 8.80 | 8.95 | 2,180,574 | |
| 11/25/2024 | 8.85 | 9.00 | 8.60 | 9.00 | 6,401,075 | |
| 11/22/2024 | 8.60 | 8.85 | 8.60 | 8.85 | 5,643,464 | |
| 11/21/2024 | 8.50 | 8.60 | 8.05 | 8.60 | 3,995,107 | |
| 11/20/2024 | 8.40 | 8.50 | 8.35 | 8.50 | 4,038,768 | |
| 11/19/2024 | 8.50 | 8.50 | 8.00 | 8.40 | 1,258,643 | |
| 11/18/2024 | 8.50 | 8.50 | 8.50 | 8.50 | 2,217,912 | |
| 11/15/2024 | 8.50 | 9.00 | 8.25 | 8.50 | 5,401,765 | |
| 11/14/2024 | 7.95 | 8.50 | 7.80 | 8.50 | 4,770,365 | |
| 11/13/2024 | 7.90 | 7.95 | 7.90 | 7.95 | 1,749,114 | |
| 11/12/2024 | 7.90 | 7.90 | 7.85 | 7.90 | 1,979,990 | |
| 11/11/2024 | 7.90 | 7.90 | 7.90 | 7.90 | 393,010 | |
| 11/08/2024 | 7.55 | 7.90 | 7.55 | 7.90 | 8,677,153 | |
| 11/07/2024 | 8.00 | 8.00 | 7.45 | 7.55 | 16,257,554 | |
| 11/06/2024 | 8.00 | 8.00 | 7.90 | 8.00 | 4,405,001 | |
| 11/05/2024 | 8.00 | 8.00 | 7.90 | 8.00 | 7,924,940 | |
| 11/04/2024 | 8.00 | 8.00 | 7.90 | 8.00 | 2,195,448 | |
| 11/01/2024 | 8.00 | 8.00 | 7.80 | 8.00 | 4,642,578 | |
| 10/31/2024 | 8.00 | 8.00 | 8.00 | 8.00 | 1,599,937 | |
| 10/30/2024 | 8.00 | 8.00 | 7.90 | 8.00 | 2,984,456 | |
| 10/29/2024 | 8.00 | 8.15 | 7.80 | 8.00 | 7,819,738 | |
| 10/28/2024 | 7.90 | 8.00 | 7.80 | 8.00 | 2,830,826 | |
| 10/25/2024 | 7.80 | 8.00 | 7.80 | 7.90 | 7,820,661 | |
| 10/24/2024 | 8.00 | 8.00 | 7.80 | 7.80 | 4,600,614 | |
| 10/23/2024 | 7.95 | 8.00 | 7.90 | 8.00 | 960,470 | |
| 10/22/2024 | 7.95 | 7.95 | 7.95 | 7.95 | 1,341,803 | |
| 10/21/2024 | 7.95 | 7.95 | 7.95 | 7.95 | 137,116 | |
| 10/18/2024 | 7.95 | 7.95 | 7.95 | 7.95 | 2,032,488 | |
| 10/17/2024 | 7.90 | 7.95 | 7.90 | 7.95 | 1,384,536 | |
| 10/16/2024 | 7.60 | 8.00 | 7.60 | 7.90 | 6,567,287 | |
| 10/15/2024 | 8.00 | 8.00 | 7.50 | 7.60 | 9,002,465 | |
| 10/14/2024 | 7.85 | 8.00 | 7.80 | 8.00 | 1,118,220 | |
| 10/11/2024 | 7.80 | 7.85 | 7.80 | 7.85 | 1,098,861 | |
| 10/10/2024 | 8.10 | 8.10 | 7.35 | 7.80 | 4,321,490 | |
| 10/09/2024 | 8.20 | 8.20 | 7.65 | 8.10 | 2,426,797 | |
| 10/08/2024 | 8.25 | 8.25 | 8.20 | 8.20 | 1,893,238 | |
| 10/07/2024 | 8.00 | 8.35 | 7.90 | 8.25 | 3,751,688 | |
| 10/04/2024 | 7.90 | 8.15 | 7.90 | 8.00 | 2,877,995 | |
| 10/03/2024 | 7.40 | 7.90 | 7.40 | 7.90 | 2,060,441 | |
| 10/02/2024 | 7.55 | 8.00 | 7.40 | 7.40 | 3,442,785 | |
| 09/30/2024 | 8.00 | 8.00 | 7.50 | 7.55 | 4,329,165 | |
| 09/27/2024 | 7.90 | 8.05 | 7.85 | 8.00 | 3,318,538 | |
| 09/26/2024 | 8.45 | 8.45 | 7.65 | 7.90 | 6,061,586 | |
| 09/25/2024 | 8.15 | 8.55 | 8.00 | 8.45 | 5,540,844 | |
| 09/24/2024 | 7.45 | 8.15 | 7.45 | 8.15 | 12,389,058 | |
| 09/23/2024 | 6.80 | 7.45 | 6.80 | 7.45 | 7,108,922 | |
| 09/20/2024 | 6.50 | 6.80 | 6.50 | 6.80 | 5,542,021 | |
| 09/19/2024 | 6.40 | 6.50 | 6.35 | 6.50 | 3,779,013 | |
| 09/18/2024 | 6.40 | 6.45 | 6.20 | 6.40 | 2,434,132 | |
| 09/17/2024 | 6.40 | 6.40 | 6.25 | 6.40 | 2,751,466 | |
| 09/13/2024 | 6.40 | 6.40 | 6.40 | 6.40 | 564,546 | |
| 09/12/2024 | 6.45 | 6.45 | 6.25 | 6.40 | 2,762,708 | |
| 09/11/2024 | 6.45 | 6.45 | 6.45 | 6.45 | 994,749 | |
| 09/10/2024 | 6.50 | 6.50 | 6.45 | 6.45 | 624,524 | |
| 09/09/2024 | 6.45 | 6.50 | 6.45 | 6.50 | 2,427,698 | |
| 09/06/2024 | 6.45 | 6.45 | 6.45 | 6.45 | 502,513 | |
| 09/05/2024 | 6.45 | 6.45 | 6.15 | 6.45 | 5,420,101 |
Did you try this?
Run Theme Ratings Now
Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
WEMA BANK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WEMA BANK's price direction in advance. Along with the technical and fundamental analysis of WEMA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WEMA 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.