Witbe Net (France) Price on October 8, 2024
| ALWIT Stock | EUR 2.36 0.01 0.43% |
If you're considering investing in Witbe Stock, it is important to understand the factors that can impact its price. As of today, the current price of Witbe Net stands at 2.36, as last reported on the 17th of December 2024, with the highest price reaching 2.36 and the lowest price hitting 2.34 during the day. Currently, Witbe Net SA is very risky. Witbe Net SA shows Sharpe Ratio of 0.0145, which attests that the company had a 0.0145% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Witbe Net SA, which you can use to evaluate the volatility of the company. Please check out Witbe Net's Mean Deviation of 2.48, downside deviation of 2.81, and Market Risk Adjusted Performance of 0.2293 to validate if the risk estimate we provide is consistent with the expected return of 0.0551%.
Witbe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Witbe |
Sharpe Ratio = 0.0145
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| Cash | Small Risk | Average Risk | ALWIT | Huge Risk |
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Estimated Market Risk
| 3.79 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Witbe Net is performing at about 1% 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 Witbe Net by adding it to a well-diversified portfolio.
Witbe Net Valuation on October 8, 2024
It is possible to determine the worth of Witbe Net on a given historical date. On October 8, 2024 Witbe was worth 2.18 at the beginning of the trading date compared to the closed value of 2.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Witbe Net stock. Still, in general, we apply an absolute valuation method to find Witbe Net'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 Witbe Net where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Witbe Net's related companies.
| Open | High | Low | Close | Volume | |
| 2.20 | 2.20 | 2.00 | 2.19 | 3,359 | |
10/08/2024 | 2.18 | 2.19 | 2.17 | 2.19 | 2,092 |
| 2.19 | 2.19 | 2.17 | 2.17 | 221.00 |
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Witbe Net Trading Date Momentum on October 8, 2024
| On October 09 2024 Witbe Net SA was traded for 2.17 at the closing time. The highest price during the trading period was 2.19 and the lowest recorded bid was listed for 2.17 . The volume for the day was 221. This history from October 9, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.91% . The trading price change to the current price is 5.02% . |
Witbe Net SA Fundamentals Correlations and Trends
By evaluating Witbe Net'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 Witbe Net's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Witbe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Witbe Net Stock history
Witbe Net 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 Witbe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Witbe Net SA 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 Witbe Net stock prices may prove useful in developing a viable investing in Witbe Net
Witbe SA provides services to telecom operators, broadcasters, and app developers worldwide. The company offers test automation, multi-screen and OTT monitoring, broadband services monitoring, applications performance, Web sites and smartphone applications monitoring, and IVR and call centers monitoring solutions. WITBE operates under Internet Content Information classification in France and is traded on Paris Stock Exchange. It employs 1 people.
Witbe Net Stock Technical Analysis
Witbe Net 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
Witbe Net Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Witbe Net SA cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Witbe Net December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Witbe Net stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Witbe Net shares will generate the highest return on investment. By undertsting and applying Witbe Net stock market strength indicators, traders can identify Witbe Net SA entry and exit signals to maximize returns
Witbe Net Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Witbe Net's price direction in advance. Along with the technical and fundamental analysis of Witbe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Witbe 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 | 0.0236 | |||
| Jensen Alpha | 0.0469 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.2193 |
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Additional Tools for Witbe Stock Analysis
When running Witbe Net's price analysis, check to measure Witbe Net'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 Witbe Net is operating at the current time. Most of Witbe Net's value examination focuses on studying past and present price action to predict the probability of Witbe Net's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Witbe Net's price. Additionally, you may evaluate how the addition of Witbe Net to your portfolios can decrease your overall portfolio volatility.