MWIG40 (Poland) Price on November 8, 2024

MWIG40 Index   6,176  9.08  0.15%   
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 6,176, as last reported on the 11th of December 2024, with the highest price reaching 6,207 and the lowest price hitting 6,127 during the day.
 
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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 0.0279, which conveys that the entity had a 0.0279% return per unit of volatility over the last 3 months. We have found twenty-seven 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 = 0.0279

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Negative ReturnsMWIG40

Estimated Market Risk

 0.82
  actual daily
7
93% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average MWIG40 is performing at about 2% 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 November 8, 2024

It is possible to determine the worth of MWIG40 on a given historical date. On November 8, 2024 MWIG40 was worth 6086.75 at the beginning of the trading date compared to the closed value of 6070.14. 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
  6,008    6,066    6,008    6,066    9,645,854  
11/08/2024
  6,087    6,096    6,032    6,070    11,616,273  
  6,061    6,070    6,017    6,032    12,312,786  
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Open Value
6086.75
6070.14
Closing Value
6,089
Upside

MWIG40 Trading Date Momentum on November 8, 2024

On November 12 2024 MWIG40 was traded for  6,032  at the closing time. The highest price during the trading period was 6,070  and the lowest recorded bid was listed for  6,017 . The volume for the day was 12.3 M. This history from November 12, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.63% . The trading delta at closing time to the current price is 0.03% .

Price Boundaries

MWIG40 Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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MWIG40 December 11, 2024 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 December 11, 2024 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 Performance0.0202
Mean Deviation0.6574
Semi Deviation0.8495
Downside Deviation0.9051
Coefficient Of Variation3917.89
Standard Deviation0.8791
Variance0.7728
Information Ratio(0.12)
Total Risk Alpha(0.13)
Sortino Ratio(0.11)
Maximum Drawdown4.88
Value At Risk(1.27)
Potential Upside1.43
Downside Variance0.8193
Semi Variance0.7217
Expected Short fall(0.66)
Skewness(0.05)
Kurtosis0.9395
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