Wisa Technologies Stock Price on September 16, 2024

WISA Stock  USD 2.28  0.22  10.68%   
Below is the normalized historical share price chart for WiSA Technologies extending back to July 27, 2018. 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 WiSA Technologies stands at 2.28, as last reported on the 27th of December, with the highest price reaching 2.66 and the lowest price hitting 1.87 during the day.
IPO Date
27th of July 2018
200 Day MA
2.5432
50 Day MA
1.7804
Beta
(0.37)
 
Covid
If you're considering investing in WiSA Stock, it is important to understand the factors that can impact its price. WiSA Technologies appears to be very risky, given 3 months investment horizon. WiSA Technologies shows Sharpe Ratio of 0.11, which attests that the company had a 0.11% return per unit of risk over the last 3 months. By examining WiSA Technologies' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please utilize WiSA Technologies' Mean Deviation of 3.72, downside deviation of 4.49, and Market Risk Adjusted Performance of (0.60) to validate if our risk estimates are consistent with your expectations.
  
At present, WiSA Technologies' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 8.1 M, whereas Total Stockholder Equity is forecasted to decline to (5.2 M). . As of December 27, 2024, Price To Sales Ratio is expected to decline to 0.42. In addition to that, Price Earnings Ratio is expected to decline to -0.05. WiSA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1087

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Estimated Market Risk

 4.78
  actual daily
42
58% of assets are more volatile

Expected Return

 0.52
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average WiSA Technologies is performing at about 8% 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 WiSA Technologies by adding it to a well-diversified portfolio.
Price Book
3.987
Enterprise Value Ebitda
(0.49)
Price Sales
10.5941
Shares Float
2.7 M
Wall Street Target Price
11

Related Headline

GSI Technology Headline on 16th of September 2024

Filed transaction by GSI Technology Director . Grant, award or other acquisition pursuant to Rule 16b-3

WiSA Technologies Valuation on September 16, 2024

It is possible to determine the worth of WiSA Technologies on a given historical date. On September 16, 2024 WiSA was worth 1.96 at the beginning of the trading date compared to the closed value of 1.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WiSA Technologies stock. Still, in general, we apply an absolute valuation method to find WiSA Technologies' 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 WiSA Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WiSA Technologies' related companies.
 Open High Low Close Volume
  2.11    2.13    1.96    2.01    655,198  
09/16/2024
  1.96    1.98    1.80    1.80    460,383  
  1.80    1.99    1.80    1.84    397,657  
Backtest WiSA Technologies  |  WiSA Technologies History  |  WiSA Technologies Valuation   PreviousNext  
Open Value
1.96
1.8
Closing Value
16.31
Upside

WiSA Technologies Trading Date Momentum on September 16, 2024

On September 17 2024 WiSA Technologies was traded for  1.84  at the closing time. The top price for the day was 1.99  and the lowest listed price was  1.80 . The trading volume for the day was 397.7 K. The trading history from September 17, 2024 was a factor to the next trading day price jump. The trading price change against the next closing price was 2.22% . The trading price change against the current closing price is 19.44% .

WiSA Technologies Fundamentals Correlations and Trends

By evaluating WiSA Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among WiSA Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WiSA financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About WiSA Technologies Stock history

WiSA Technologies 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 WiSA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WiSA Technologies 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 WiSA Technologies stock prices may prove useful in developing a viable investing in WiSA Technologies
Last ReportedProjected for Next Year
Common Stock Shares Outstanding52.7 K55.3 K
Net Loss-18.6 M-19.5 M

WiSA Technologies Quarterly Net Working Capital

3.93 Million

WiSA Technologies Stock Technical Analysis

WiSA Technologies 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 WiSA Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WiSA Technologies 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

WiSA Technologies Period Price Range

Low
December 27, 2024
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High

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WiSA Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

WiSA Technologies December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how WiSA Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WiSA Technologies shares will generate the highest return on investment. By undertsting and applying WiSA Technologies stock market strength indicators, traders can identify WiSA Technologies entry and exit signals to maximize returns

WiSA Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for WiSA Technologies' price direction in advance. Along with the technical and fundamental analysis of WiSA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WiSA 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.

Complementary Tools for WiSA Stock analysis

When running WiSA Technologies' price analysis, check to measure WiSA Technologies' 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 WiSA Technologies is operating at the current time. Most of WiSA Technologies' value examination focuses on studying past and present price action to predict the probability of WiSA Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WiSA Technologies' price. Additionally, you may evaluate how the addition of WiSA Technologies to your portfolios can decrease your overall portfolio volatility.
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