MWIG40 (Poland) Price on October 16, 2024
| MWIG40 Index | 6,383 78.47 1.21% |
Below is the normalized historical share price chart for MWIG40 extending back to March 09, 2011. 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 MWIG40 stands at 6,383, as last reported on the 19th of January, with the highest price reaching 6,420 and the lowest price hitting 6,364 during the day.
If you're considering investing in MWIG40 Index, it is important to understand the factors that can impact its price. MWIG40 has Sharpe Ratio of 0.0609, which conveys that the entity had a 0.0609% return per unit of volatility over the last 3 months. We have found twenty-six technical indicators for MWIG40, which you can use to evaluate the volatility of the index. MWIG40 Index price history is provided at the adjusted basis, taking into account all of the recent filings.
Sharpe Ratio = 0.0609
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| Cash | MWIG40 | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.89 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average MWIG40 is performing at about 4% 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 MWIG40 by adding it to a well-diversified portfolio.
MWIG40 Valuation on October 16, 2024
It is possible to determine the worth of MWIG40 on a given historical date. On October 16, 2024 MWIG40 was worth 6209.94 at the beginning of the trading date compared to the closed value of 6222.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MWIG40 index. Still, in general, we apply an absolute valuation method to find MWIG40'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 MWIG40 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MWIG40's related companies.
| Open | High | Low | Close | Volume | |
| 6,190 | 6,219 | 6,168 | 6,206 | 11,660,783 | |
10/16/2024 | 6,210 | 6,224 | 6,178 | 6,222 | 10,841,970 |
| 6,222 | 6,224 | 6,063 | 6,095 | 10,139,765 |
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MWIG40 Trading Date Momentum on October 16, 2024
| On October 17 2024 MWIG40 was traded for 6,095 at the closing time. The highest price during the trading period was 6,224 and the lowest recorded bid was listed for 6,063 . The volume for the day was 10.1 M. This history from October 17, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.05% . The trading delta at closing time to the current price is 2.44% . |
Price Boundaries
MWIG40 Period Price Range
Low | January 19, 2025
| High |
0.00 | 0.00 |
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MWIG40 January 19, 2025 Market Strength
Market strength indicators help investors to evaluate how MWIG40 index reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MWIG40 shares will generate the highest return on investment. By undertsting and applying MWIG40 index market strength indicators, traders can identify MWIG40 entry and exit signals to maximize returns
MWIG40 Technical Drivers
MWIG40 January 19, 2025 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MWIG40's price direction in advance. Along with the technical and fundamental analysis of MWIG40 Index historical price patterns, it is also worthwhile for investors to track various predictive indicators of MWIG40 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 | 0.0724 | |||
| Mean Deviation | 0.6579 | |||
| Semi Deviation | 0.8313 | |||
| Downside Deviation | 0.9689 | |||
| Coefficient Of Variation | 1161.16 | |||
| Standard Deviation | 0.8726 | |||
| Variance | 0.7615 | |||
| Information Ratio | 0.0521 | |||
| Total Risk Alpha | 0.0446 | |||
| Sortino Ratio | 0.0469 | |||
| Maximum Drawdown | 3.68 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.43 | |||
| Downside Variance | 0.9388 | |||
| Semi Variance | 0.691 | |||
| Expected Short fall | (0.66) | |||
| Skewness | (0.58) | |||
| Kurtosis | 0.6453 |
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