Wajax Stock Price on December 10, 2024

WJX Stock  CAD 17.81  0.10  0.56%   
If you're considering investing in Wajax Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wajax stands at 17.81, as last reported on the 26th of March, with the highest price reaching 17.96 and the lowest price hitting 17.76 during the day. Wajax shows Sharpe Ratio of -0.081, which attests that the company had a -0.081 % return per unit of risk over the last 3 months. Wajax exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wajax's Mean Deviation of 1.58, market risk adjusted performance of 1.11, and Standard Deviation of 2.39 to validate the risk estimate we provide.
  
Wajax Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.081

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Estimated Market Risk

 2.37
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Wajax 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 Wajax by adding Wajax to a well-diversified portfolio.

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Wajax Valuation on December 10, 2024

It is possible to determine the worth of Wajax on a given historical date. On December 10, 2024 Wajax was worth 22.58 at the beginning of the trading date compared to the closed value of 22.52. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wajax stock. Still, in general, we apply an absolute valuation method to find Wajax'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 Wajax where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wajax's related companies.
 Open High Low Close Volume
  22.92    23.15    22.50    22.57    60,511  
12/10/2024
  22.58    22.64    22.39    22.52    33,441  
  22.52    22.58    22.15    22.28    54,429  
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Open Value
22.58
22.52
Closing Value
29.70
Upside

Wajax Trading Date Momentum on December 10, 2024

On December 11 2024 Wajax was traded for  22.28  at the closing time. The maximum traded price for the trading interval was 22.58  and the lowest daily price was  22.15 . The daily volume was recorded at 54.4 K. The volume of trading on 11th of December 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.07% . The trading price change to the closing price today is 9.10% .

Wajax Fundamentals Correlations and Trends

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

About Wajax Stock history

Wajax 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 Wajax is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wajax 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 Wajax stock prices may prove useful in developing a viable investing in Wajax
Wajax Corporation, an integrated distribution company, provides sales, parts, and services to construction, forestry, mining, industrialcommercial, oil sands, transportation, metal processing, government, utilities, and oil and gas sectors. Wajax Corporation was founded in 1858 and is headquartered in Mississauga, Canada. WAJAX CORPORATION operates under Industrial Distribution classification in Canada and is traded on Toronto Stock Exchange. It employs 2900 people.

Wajax Stock Technical Analysis

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

Wajax Period Price Range

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Wajax cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.

Wajax March 26, 2025 Market Strength

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

Wajax Technical and Predictive Indicators

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

Wajax financial ratios help investors to determine whether Wajax 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 Wajax with respect to the benefits of owning Wajax security.