We Buy (South Africa) Price on December 12, 2024
| WBC Stock | 4,580 37.00 0.81% |
If you're considering investing in WBC Stock, it is important to understand the factors that can impact its price. As of today, the current price of We Buy stands at 4,580, as last reported on the 17th of December 2024, with the highest price reaching 4,609 and the lowest price hitting 4,351 during the day. We Buy appears to be very steady, given 3 months investment horizon. We Buy Cars retains Efficiency (Sharpe Ratio) of 0.42, which attests that the company had a 0.42% return per unit of price deviation over the last 3 months. By reviewing We Buy's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please utilize We Buy's standard deviation of 1.85, and Market Risk Adjusted Performance of 1.72 to validate if our risk estimates are consistent with your expectations.
WBC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
WBC |
Sharpe Ratio = 0.4214
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Estimated Market Risk
| 1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.42 actual daily | 33 67% of assets perform better |
Based on monthly moving average We Buy is performing at about 33% 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 We Buy by adding it to a well-diversified portfolio.
We Buy Valuation on December 12, 2024
It is possible to determine the worth of We Buy on a given historical date. On December 12, 2024 WBC was worth 4765.0 at the beginning of the trading date compared to the closed value of 4543.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of We Buy stock. Still, in general, we apply an absolute valuation method to find We Buy'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 We Buy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against We Buy's related companies.
| Open | High | Low | Close | Volume | |
| 4,691 | 4,813 | 4,691 | 4,755 | 687,184 | |
12/12/2024 | 4,765 | 4,765 | 4,507 | 4,543 | 906,357 |
| 4,544 | 4,609 | 4,351 | 4,580 | 2,130,966 |
| Backtest We Buy | | | We Buy History | Previous | Next |
We Buy Trading Date Momentum on December 12, 2024
| On December 13 2024 We Buy Cars was traded for 4,580 at the closing time. The highest price during the trading period was 4,609 and the lowest recorded bid was listed for 4,351 . The volume for the day was 2.1 M. This history from December 13, 2024 contributed to the next trading day price growth. The trading price change to the next closing price was 0.81% . The trading price change to the current price is 0.02% . |
Price Boundaries
We Buy Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
We Buy Cars cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
We Buy December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how We Buy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading We Buy shares will generate the highest return on investment. By undertsting and applying We Buy stock market strength indicators, traders can identify We Buy Cars entry and exit signals to maximize returns
We Buy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for We Buy's price direction in advance. Along with the technical and fundamental analysis of WBC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WBC 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 | 0.2571 | |||
| Jensen Alpha | 0.6061 | |||
| Total Risk Alpha | 0.4407 | |||
| Sortino Ratio | 0.3335 | |||
| Treynor Ratio | 1.71 |
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Complementary Tools for WBC Stock analysis
When running We Buy's price analysis, check to measure We Buy'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 We Buy is operating at the current time. Most of We Buy's value examination focuses on studying past and present price action to predict the probability of We Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move We Buy's price. Additionally, you may evaluate how the addition of We Buy to your portfolios can decrease your overall portfolio volatility.
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