Washtec Ag Stock Price on April 18, 2024
If you're considering investing in WashTec Pink Sheet, it is important to understand the factors that can impact its price. WashTec AG shows Sharpe Ratio of -0.18, which attests that the company had a -0.18 % return per unit of risk over the last 3 months. WashTec AG exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out WashTec AG's Standard Deviation of 2.71, mean deviation of 1.9, and Market Risk Adjusted Performance of (0.44) to validate the risk estimate we provide.
WashTec Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
WashTec |
Sharpe Ratio = -0.1815
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Estimated Market Risk
2.71 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average WashTec AG 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 WashTec AG by adding WashTec AG to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
WashTec AG Period Price Range
Low | March 22, 2025
| High |
0.00 | 0.00 |
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WashTec AG March 22, 2025 Market Strength
Market strength indicators help investors to evaluate how WashTec AG 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 WashTec AG shares will generate the highest return on investment. By undertsting and applying WashTec AG pink sheet market strength indicators, traders can identify WashTec AG entry and exit signals to maximize returns
WashTec AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WashTec AG's price direction in advance. Along with the technical and fundamental analysis of WashTec Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of WashTec 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 | (0.15) | |||
Jensen Alpha | (0.43) | |||
Total Risk Alpha | (0.30) | |||
Treynor Ratio | (0.45) |
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Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Other Tools for WashTec Pink Sheet
When running WashTec AG's price analysis, check to measure WashTec AG'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 WashTec AG is operating at the current time. Most of WashTec AG's value examination focuses on studying past and present price action to predict the probability of WashTec AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WashTec AG's price. Additionally, you may evaluate how the addition of WashTec AG to your portfolios can decrease your overall portfolio volatility.
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