Wesfarmers (Australia) Price on May 16, 2024
| WES Stock | 73.26 1.43 1.99% |
Below is the normalized historical share price chart for Wesfarmers extending back to January 29, 1988. 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 Wesfarmers stands at 73.26, as last reported on the 3rd of December, with the highest price reaching 73.26 and the lowest price hitting 71.49 during the day.
If you're considering investing in Wesfarmers Stock, it is important to understand the factors that can impact its price. Currently, Wesfarmers is very steady. Wesfarmers shows Sharpe Ratio of 0.0671, which attests that the company had a 0.0671% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wesfarmers, which you can use to evaluate the volatility of the company. Please check out Wesfarmers' Downside Deviation of 1.23, mean deviation of 0.8709, and Market Risk Adjusted Performance of 0.0939 to validate if the risk estimate we provide is consistent with the expected return of 0.073%.
At this time, Wesfarmers' Total Stockholder Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 5.5 B in 2024, whereas Common Stock Total Equity is likely to drop slightly above 10.2 B in 2024. . Wesfarmers Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 68.7608 | 50 Day MA 69.7126 | Beta 0.837 |
Wesfarmers |
Sharpe Ratio = 0.0671
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| Cash | WES | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Wesfarmers 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 Wesfarmers by adding it to a well-diversified portfolio.
Price Book 9.6856 | Enterprise Value Ebitda 16.8547 | Price Sales 1.9046 | Shares Float 1.1 B | Dividend Share 1.98 |
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Wesfarmers Valuation on May 16, 2024
It is possible to determine the worth of Wesfarmers on a given historical date. On May 16, 2024 Wesfarmers was worth 68.75 at the beginning of the trading date compared to the closed value of 68.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wesfarmers stock. Still, in general, we apply an absolute valuation method to find Wesfarmers' 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 Wesfarmers where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wesfarmers' related companies.
| Open | High | Low | Close | Volume | |
| 67.98 | 68.22 | 67.44 | 68.03 | 1,263,668 | |
05/16/2024 | 68.75 | 69.13 | 67.87 | 68.67 | 2,299,107 |
| 68.10 | 68.23 | 67.06 | 67.38 | 2,531,428 |
| Backtest Wesfarmers | | | Wesfarmers History | | | Wesfarmers Valuation | Previous | Next |
Wesfarmers Trading Date Momentum on May 16, 2024
| On May 17 2024 Wesfarmers was traded for 67.38 at the closing time. The maximum traded price for the trading interval was 68.23 and the lowest daily price was 67.06 . The daily volume was recorded at 2.5 M. The volume of trading on 17th of May 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.88% . The trading price change to the closing price today is 8.01% . |
Wesfarmers Fundamentals Correlations and Trends
By evaluating Wesfarmers' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Wesfarmers' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wesfarmers financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wesfarmers Stock history
Wesfarmers 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 Wesfarmers is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wesfarmers 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 Wesfarmers stock prices may prove useful in developing a viable investing in Wesfarmers
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 730 M | |
| Net Income Applicable To Common Shares | 2.8 B | 1.8 B |
Wesfarmers Quarterly Net Working Capital |
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Wesfarmers Stock Technical Analysis
Wesfarmers 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
Wesfarmers Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Wesfarmers cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Wesfarmers December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Wesfarmers stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wesfarmers shares will generate the highest return on investment. By undertsting and applying Wesfarmers stock market strength indicators, traders can identify Wesfarmers entry and exit signals to maximize returns
Wesfarmers Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wesfarmers' price direction in advance. Along with the technical and fundamental analysis of Wesfarmers Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wesfarmers 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 | 0.035 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0839 |
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Additional Tools for Wesfarmers Stock Analysis
When running Wesfarmers' price analysis, check to measure Wesfarmers' 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 Wesfarmers is operating at the current time. Most of Wesfarmers' value examination focuses on studying past and present price action to predict the probability of Wesfarmers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wesfarmers' price. Additionally, you may evaluate how the addition of Wesfarmers to your portfolios can decrease your overall portfolio volatility.