Wesfarmers (Germany) Price on October 6, 2023
WF3 Stock | EUR 42.64 0.61 1.41% |
If you're considering investing in Wesfarmers Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wesfarmers stands at 42.64, as last reported on the 29th of December, with the highest price reaching 43.25 and the lowest price hitting 42.64 during the day. Wesfarmers Limited shows Sharpe Ratio of -0.011, which attests that the company had a -0.011% return per unit of risk over the last 3 months. Wesfarmers Limited exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wesfarmers' Mean Deviation of 1.13, downside deviation of 1.79, and Market Risk Adjusted Performance of (0.03) to validate the risk estimate we provide.
Wesfarmers Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wesfarmers |
Sharpe Ratio = -0.011
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Estimated Market Risk
1.54 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wesfarmers 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 Wesfarmers by adding Wesfarmers to a well-diversified portfolio.
Wesfarmers Valuation on October 6, 2023
It is possible to determine the worth of Wesfarmers on a given historical date. On October 6, 2023 Wesfarmers was worth 29.61 at the beginning of the trading date compared to the closed value of 29.76. 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 | |
30.22 | 30.22 | 30.22 | 30.22 | 1.00 | |
10/06/2023 | 29.61 | 29.76 | 29.61 | 29.76 | 360.00 |
29.64 | 29.64 | 29.62 | 29.62 | 170.00 |
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Wesfarmers Trading Date Momentum on October 6, 2023
On October 09 2023 Wesfarmers Limited was traded for 29.62 at the closing time. The highest daily price throughout the period was 29.64 and the lowest price was 29.62 . The daily volume was 170. The net trading volume on 10/09/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.47% . The trading price change to current closing price is 1.04% . |
Wesfarmers Limited 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 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 Wesfarmers stock prices may prove useful in developing a viable investing in Wesfarmers
Wesfarmers Limited engages in the retail, coal mining and production, gas processing and distribution, industrial and safety product distribution, chemicals and fertilizers manufacturing, and investment businesses in Australia, New Zealand, the United Kingdom, and internationally. Wesfarmers Limited was founded in 1914 and is headquartered in Perth, Australia. Wesfarmers operates under Home Improvement Stores classification in Germany and is traded on Frankfurt Stock Exchange. It employs 105000 people.
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 29, 2024
| High |
0.00 | 0.00 |
Wesfarmers Limited cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 29, 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 Limited 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 | 0.0079 | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | (0.04) |
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Volume Indicators |
Complementary 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.
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