Waystream Holding (Sweden) Price on October 3, 2024

WAYS Stock  SEK 15.86  0.06  0.38%   
If you're considering investing in Waystream Stock, it is important to understand the factors that can impact its price. As of today, the current price of Waystream Holding stands at 15.86, as last reported on the 27th of December, with the highest price reaching 16.98 and the lowest price hitting 15.52 during the day. Waystream Holding shows Sharpe Ratio of -0.048, which attests that the company had a -0.048% return per unit of risk over the last 3 months. Waystream Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Waystream Holding's Market Risk Adjusted Performance of 0.3133, standard deviation of 4.18, and Mean Deviation of 2.63 to validate the risk estimate we provide.
  
Waystream Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.048

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Estimated Market Risk

 4.28
  actual daily
38
62% of assets are more volatile

Expected Return

 -0.21
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Waystream Holding 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 Waystream Holding by adding Waystream Holding to a well-diversified portfolio.

Waystream Holding Valuation on October 3, 2024

It is possible to determine the worth of Waystream Holding on a given historical date. On October 3, 2024 Waystream was worth 18.74 at the beginning of the trading date compared to the closed value of 19.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Waystream Holding stock. Still, in general, we apply an absolute valuation method to find Waystream Holding'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 Waystream Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Waystream Holding's related companies.
 Open High Low Close Volume
  18.74    19.48    18.72    19.04    4,301  
10/03/2024
  18.74    19.16    18.74    19.14    1,618  
  19.12    19.46    19.12    19.26    1,314  
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Open Value
18.74
19.14
Closing Value
31.59
Upside

Waystream Holding Trading Date Momentum on October 3, 2024

On October 04 2024 Waystream Holding AB was traded for  19.26  at the closing time. The highest price during the trading period was 19.46  and the lowest recorded bid was listed for  19.12 . The volume for the day was 1.3 K. This history from October 4, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 0.63% . The trading price change to the current price is 3.45% .

Waystream Holding Fundamentals Correlations and Trends

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

About Waystream Holding Stock history

Waystream Holding 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 Waystream is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Waystream Holding 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 Waystream Holding stock prices may prove useful in developing a viable investing in Waystream Holding
Waystream Holding AB provides a portfolio of service routers and switches that are used in the areas of high speed broadband service networks. The company was founded in 2001 and is headquartered in Kista, Sweden. Waystream Holding is traded on Stockholm Stock Exchange in Sweden.

Waystream Holding Stock Technical Analysis

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

Waystream Holding Period Price Range

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Waystream Holding AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.

Waystream Holding December 27, 2024 Market Strength

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

Waystream Holding Technical and Predictive Indicators

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

Additional Tools for Waystream Stock Analysis

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