Weebit Nano Limited Stock Price on December 10, 2024
WBTNF Stock | USD 1.86 0.06 3.33% |
If you're considering investing in Weebit Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Weebit Nano stands at 1.86, as last reported on the 18th of December 2024, with the highest price reaching 1.88 and the lowest price hitting 1.77 during the day. Weebit Nano appears to be extremely dangerous, given 3 months investment horizon. Weebit Nano Limited shows Sharpe Ratio of 0.13, which attests that the company had a 0.13% return per unit of risk over the last 3 months. By examining Weebit Nano's technical indicators, you can evaluate if the expected return of 0.81% is justified by implied risk. Please utilize Weebit Nano's Market Risk Adjusted Performance of (2.11), mean deviation of 4.36, and Downside Deviation of 5.05 to validate if our risk estimates are consistent with your expectations.
Weebit Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Weebit |
Sharpe Ratio = 0.1283
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Estimated Market Risk
6.29 actual daily | 56 56% of assets are less volatile |
Expected Return
0.81 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Weebit Nano is performing at about 10% 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 Weebit Nano by adding it to a well-diversified portfolio.
Related Headline
Broadcom Headline on 10th of December 2024
Disciplined Growth Investors Inc. MN Purchases 1,774 Shares ... by thelincolnianonline.com
Disciplined Growth Investors Inc. MN grew its holdings in shares of Broadcom Inc. by 1,249.3 percent in the third quarter, according to its most recent disclosure with the Securities Exchange Commission. The firm owned 1,916 shares of the semiconductor manufacturers stock after purchasing an additional 1,774 shares during the quarter. Disciplined
Weebit Nano Valuation on December 10, 2024
It is possible to determine the worth of Weebit Nano on a given historical date. On December 10, 2024 Weebit was worth 1.8 at the beginning of the trading date compared to the closed value of 1.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Weebit Nano pink sheet. Still, in general, we apply an absolute valuation method to find Weebit Nano'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 Weebit Nano where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Weebit Nano's related companies.
Open | High | Low | Close | Volume | |
1.81 | 1.81 | 1.80 | 1.80 | 1,300 | |
12/10/2024 | 1.80 | 1.80 | 1.80 | 1.80 | 1.00 |
1.85 | 1.85 | 1.83 | 1.83 | 3,500 |
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Weebit Nano Trading Date Momentum on December 10, 2024
On December 11 2024 Weebit Nano Limited was traded for 1.83 at the closing time. The highest daily price throughout the period was 1.85 and the lowest price was 1.83 . The daily volume was 3.5 K. The net trading volume on 12/11/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 1.67% . The trading price change to current closing price is 0.00% . |
Weebit Nano Limited Fundamentals Correlations and Trends
By evaluating Weebit Nano'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 Weebit Nano's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Weebit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Weebit Nano Pink Sheet history
Weebit Nano 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 Weebit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Weebit Nano Limited 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 Weebit Nano stock prices may prove useful in developing a viable investing in Weebit Nano
Weebit Nano Limited develops a non-volatile memory using a Resistive RAM technology based on fabrication factory materials. The company was incorporated in 2015 and is based in Melbourne, Australia. Weebit Nano operates under Semiconductors classification in the United States and is traded on OTC Exchange.
Weebit Nano Pink Sheet Technical Analysis
Weebit Nano technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Weebit Nano Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
Weebit Nano Limited cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Weebit Nano December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Weebit Nano pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Weebit Nano shares will generate the highest return on investment. By undertsting and applying Weebit Nano pink sheet market strength indicators, traders can identify Weebit Nano Limited entry and exit signals to maximize returns
Weebit Nano Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Weebit Nano's price direction in advance. Along with the technical and fundamental analysis of Weebit Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Weebit 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 | 0.0891 | |||
Jensen Alpha | 0.6983 | |||
Total Risk Alpha | 0.1838 | |||
Sortino Ratio | 0.1233 | |||
Treynor Ratio | (2.12) |
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Volume Indicators |
Complementary Tools for Weebit Pink Sheet analysis
When running Weebit Nano's price analysis, check to measure Weebit Nano'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 Weebit Nano is operating at the current time. Most of Weebit Nano's value examination focuses on studying past and present price action to predict the probability of Weebit Nano's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weebit Nano's price. Additionally, you may evaluate how the addition of Weebit Nano to your portfolios can decrease your overall portfolio volatility.
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