Wipro (Germany) Price on September 12, 2024
| WIOA Stock | 3.56 0.10 2.89% |
If you're considering investing in Wipro Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wipro stands at 3.56, as last reported on the 30th of December, with the highest price reaching 3.56 and the lowest price hitting 3.42 during the day. Wipro appears to be moderately volatile, given 3 months investment horizon. Wipro shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Wipro, which you can use to evaluate the volatility of the company. Please utilize Wipro's Downside Deviation of 2.03, mean deviation of 1.65, and Market Risk Adjusted Performance of (2.17) to validate if our risk estimates are consistent with your expectations.
Wipro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wipro |
Sharpe Ratio = 0.156
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Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Wipro is performing at about 12% 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 Wipro by adding it to a well-diversified portfolio.
Wipro Valuation on September 12, 2024
It is possible to determine the worth of Wipro on a given historical date. On September 12, 2024 Wipro was worth 2.78 at the beginning of the trading date compared to the closed value of 2.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wipro stock. Still, in general, we apply an absolute valuation method to find Wipro'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 Wipro where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wipro's related companies.
| Open | High | Low | Close | Volume | |
| 2.83 | 2.83 | 2.70 | 2.78 | 1.00 | |
09/12/2024 | 2.78 | 2.88 | 2.78 | 2.85 | 1.00 |
| 2.85 | 2.95 | 2.85 | 2.95 | 1.00 |
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Wipro Trading Date Momentum on September 12, 2024
| On September 13 2024 Wipro was traded for 2.95 at the closing time. The highest price during the trading period was 2.95 and the lowest recorded bid was listed for 2.85 . There was no trading activity during the period 1.0. Lack of trading volume on September 13, 2024 contributed to the next trading day price appreciation. The trading price change to the next closing price was 3.51% . The trading price change to the current price is 1.05% . |
Price Boundaries
Wipro Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
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Wipro December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Wipro stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wipro shares will generate the highest return on investment. By undertsting and applying Wipro stock market strength indicators, traders can identify Wipro entry and exit signals to maximize returns
Wipro Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wipro's price direction in advance. Along with the technical and fundamental analysis of Wipro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wipro 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 | 0.1331 | |||
| Jensen Alpha | 0.338 | |||
| Total Risk Alpha | 0.2742 | |||
| Sortino Ratio | 0.1535 | |||
| Treynor Ratio | (2.18) |
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Additional Tools for Wipro Stock Analysis
When running Wipro's price analysis, check to measure Wipro'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 Wipro is operating at the current time. Most of Wipro's value examination focuses on studying past and present price action to predict the probability of Wipro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wipro's price. Additionally, you may evaluate how the addition of Wipro to your portfolios can decrease your overall portfolio volatility.