Wipro (India) Price on August 26, 2024

WIPRO Stock   312.75  0.15  0.05%   
Below is the normalized historical share price chart for Wipro Limited extending back to December 21, 1994. 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 Wipro stands at 312.75, as last reported on the 20th of December, with the highest price reaching 313.40 and the lowest price hitting 301.15 during the day.
200 Day MA
258.1396
50 Day MA
284.933
Beta
0.708
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Wipro Stock, it is important to understand the factors that can impact its price. Wipro is very steady given 3 months investment horizon. Wipro Limited shows Sharpe Ratio of 0.0753, which attests that the company had a 0.0753% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.09% are justified by taking the suggested risk. Use Wipro Limited Mean Deviation of 3.51, downside deviation of 9.62, and Market Risk Adjusted Performance of (2.10) to evaluate company specific risk that cannot be diversified away.
  
At this time, Wipro's Total Stockholder Equity is very stable compared to the past year. As of the 20th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 1.2 T, while Common Stock Shares Outstanding is likely to drop about 5 B. . Wipro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0753

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Estimated Market Risk

 14.41
  actual daily
96
96% of assets are less volatile

Expected Return

 1.09
  actual daily
21
79% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
5
95% of assets perform better
Based on monthly moving average Wipro 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 Wipro by adding it to a well-diversified portfolio.
Price Book
3.9941
Enterprise Value Ebitda
14.4794
Price Sales
3.6563
Shares Float
1.5 B
Wall Street Target Price
269.0244

Wipro Valuation on August 26, 2024

It is possible to determine the worth of Wipro on a given historical date. On August 26, 2024 Wipro was worth 258.0 at the beginning of the trading date compared to the closed value of 260.25. 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
  259.95    260.73    255.68    256.50    11,277,706  
08/26/2024
  258.00    262.40    257.98    260.25    17,351,380  
  260.00    261.63    258.00    258.60    7,965,796  
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Open Value
258.0
214.76
Downside
260.25
Closing Value
301.24
Upside

Wipro Trading Date Momentum on August 26, 2024

On August 27 2024 Wipro Limited was traded for  258.60  at the closing time. The highest price during the trading period was 261.63  and the lowest recorded bid was listed for  258.00 . The volume for the day was 8 M. This history from August 27, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.63% . The trading price change to the current price is 0.13% .

Wipro Limited Fundamentals Correlations and Trends

By evaluating Wipro'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 Wipro's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wipro financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Wipro Stock history

Wipro 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 Wipro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wipro 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 Wipro stock prices may prove useful in developing a viable investing in Wipro
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.3 BB
Net Income Applicable To Common Shares130.5 B104.4 B

Wipro Quarterly Net Working Capital

475.54 Billion

Wipro Stock Technical Analysis

Wipro 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.
A focus of Wipro technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wipro trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Wipro Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Wipro Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.

Wipro December 20, 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 Limited 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.

Other Information on Investing in Wipro Stock

Wipro financial ratios help investors to determine whether Wipro Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wipro with respect to the benefits of owning Wipro security.