Wisetech Global (Germany) Price on February 20, 2024

17W Stock  EUR 71.79  0.98  1.35%   
If you're considering investing in Wisetech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wisetech Global stands at 71.79, as last reported on the 29th of December, with the highest price reaching 71.79 and the lowest price hitting 71.79 during the day. Wisetech Global shows Sharpe Ratio of -0.0442, which attests that the company had a -0.0442% return per unit of risk over the last 3 months. Wisetech Global exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wisetech Global's Market Risk Adjusted Performance of (0.12), mean deviation of 2.39, and Standard Deviation of 3.79 to validate the risk estimate we provide.
  
Wisetech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0442

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Estimated Market Risk

 3.85
  actual daily
34
66% of assets are more volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Wisetech Global 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 Wisetech Global by adding Wisetech Global to a well-diversified portfolio.

Wisetech Global Valuation on February 20, 2024

It is possible to determine the worth of Wisetech Global on a given historical date. On February 20, 2024 Wisetech was worth 47.47 at the beginning of the trading date compared to the closed value of 47.47. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wisetech Global stock. Still, in general, we apply an absolute valuation method to find Wisetech Global'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 Wisetech Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wisetech Global's related companies.
 Open High Low Close Volume
  46.76    46.76    46.76    46.76    1.00  
02/20/2024
  47.47    47.47    47.47    47.47    1.00  
  52.80    52.80    52.80    52.80    1.00  
Backtest Wisetech Global  |  Wisetech Global History  |  Wisetech Global Valuation   PreviousNext  
Open Value
47.47
47.47
Closing Value
59.03
Upside

Wisetech Global Trading Date Momentum on February 20, 2024

On February 21 2024 Wisetech Global was traded for  52.80  at the closing time. The highest daily price throughout the period was 52.80  and the lowest price was  52.80 . There was no trading activity during the period 1.0. Lack of trading volume on 02/21/2024 added to the next day price rise. The daily price change to closing price of the next trading day was 11.23% . The trading price change to current closing price is 17.30% .

Wisetech Global Fundamentals Correlations and Trends

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

About Wisetech Global Stock history

Wisetech Global 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 Wisetech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wisetech Global 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 Wisetech Global stock prices may prove useful in developing a viable investing in Wisetech Global
WiseTech Global Limited provides cloud-based software solutions to the logistics industry worldwide. WiseTech Global Limited was founded in 1994 and is based in Alexandria, Australia. WISETECH GLOBAL operates under Software - Infrastructure classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1500 people.

Wisetech Global Stock Technical Analysis

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

Wisetech Global Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Wisetech Global cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Wisetech Global December 29, 2024 Market Strength

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

Wisetech Global Technical and Predictive Indicators

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

Complementary Tools for Wisetech Stock analysis

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