Wah Nobel (Pakistan) Price on November 7, 2023
| WAHN Stock | 232.63 2.04 0.88% |
If you're considering investing in Wah Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wah Nobel stands at 232.63, as last reported on the 12th of December 2024, with the highest price reaching 238.70 and the lowest price hitting 232.10 during the day. At this point, Wah Nobel is very steady. Wah Nobel Chemicals shows Sharpe Ratio of 0.0652, which attests that the company had a 0.0652% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wah Nobel Chemicals, which you can use to evaluate the volatility of the company. Please check out Wah Nobel's Mean Deviation of 1.63, downside deviation of 2.65, and Market Risk Adjusted Performance of (0.36) to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
Wah Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wah |
Sharpe Ratio = 0.0652
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Estimated Market Risk
| 2.29 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Wah Nobel is performing at about 5% 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 Wah Nobel by adding it to a well-diversified portfolio.
Wah Nobel Valuation on November 7, 2023
It is possible to determine the worth of Wah Nobel on a given historical date. On November 7, 2023 Wah was worth 191.09 at the beginning of the trading date compared to the closed value of 185.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wah Nobel stock. Still, in general, we apply an absolute valuation method to find Wah Nobel'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 Wah Nobel where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wah Nobel's related companies.
| Open | High | Low | Close | Volume | |
| 181.26 | 187.77 | 176.30 | 185.16 | 15,500 | |
11/07/2023 | 191.09 | 191.09 | 181.55 | 185.94 | 3,000 |
| 178.74 | 183.36 | 177.78 | 180.85 | 4,200 |
| Backtest Wah Nobel | | | Wah Nobel History | | | Wah Nobel Valuation | Previous | Next |
Wah Nobel Trading Date Momentum on November 7, 2023
| On November 08 2023 Wah Nobel Chemicals was traded for 180.85 at the closing time. The highest price during the trading period was 183.36 and the lowest recorded bid was listed for 177.78 . The volume for the day was 4.2 K. This history from November 8, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 2.74% . The trading price change to the current price is 0.82% . |
About Wah Nobel Stock history
Wah Nobel 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 Wah is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wah Nobel Chemicals 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 Wah Nobel stock prices may prove useful in developing a viable investing in Wah Nobel
Wah Nobel Stock Technical Analysis
Wah Nobel 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
Wah Nobel Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Wah Nobel Chemicals cannot be verified against its exchange. Please verify the symbol is currently traded on Karachi Stock 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.
Wah Nobel December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Wah Nobel stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wah Nobel shares will generate the highest return on investment. By undertsting and applying Wah Nobel stock market strength indicators, traders can identify Wah Nobel Chemicals entry and exit signals to maximize returns
Wah Nobel Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wah Nobel's price direction in advance. Along with the technical and fundamental analysis of Wah Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wah 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 | 0.0568 | |||
| Jensen Alpha | 0.2082 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.0168 | |||
| Treynor Ratio | (0.37) |
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Complementary Tools for Wah Stock analysis
When running Wah Nobel's price analysis, check to measure Wah Nobel'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 Wah Nobel is operating at the current time. Most of Wah Nobel's value examination focuses on studying past and present price action to predict the probability of Wah Nobel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wah Nobel's price. Additionally, you may evaluate how the addition of Wah Nobel to your portfolios can decrease your overall portfolio volatility.
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