Workforce Holdings (South Africa) Price on October 31, 2024
| WKF Stock | 146.00 0.00 0.00% |
If you're considering investing in Workforce Stock, it is important to understand the factors that can impact its price. As of today, the current price of Workforce Holdings stands at 146.00, as last reported on the 23rd of December, with the highest price reaching 146.00 and the lowest price hitting 146.00 during the day. Workforce Holdings 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. Workforce Holdings exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Workforce Holdings' Standard Deviation of 2.3, market risk adjusted performance of 1.13, and Mean Deviation of 0.6999 to validate the risk estimate we provide.
Workforce Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Workforce |
Sharpe Ratio = -0.1113
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| Negative Returns | WKF |
Estimated Market Risk
| 2.35 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.26 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Workforce Holdings 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 Workforce Holdings by adding Workforce Holdings to a well-diversified portfolio.
Workforce Holdings Valuation on October 31, 2024
It is possible to determine the worth of Workforce Holdings on a given historical date. On October 31, 2024 Workforce was worth 140.0 at the beginning of the trading date compared to the closed value of 140.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Workforce Holdings stock. Still, in general, we apply an absolute valuation method to find Workforce Holdings' 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 Workforce Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Workforce Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 140.00 | 140.00 | 140.00 | 140.00 | 1.00 | |
10/31/2024 | 140.00 | 140.00 | 140.00 | 140.00 | 1.00 |
| 140.00 | 140.00 | 140.00 | 140.00 | 1.00 |
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Workforce Holdings Trading Date Momentum on October 31, 2024
| On November 01 2024 Workforce Holdings was traded for 140.00 at the closing time. The highest price during the trading period was 140.00 and the lowest recorded bid was listed for 140.00 . There was no trading activity during the period 1.0. Lack of trading volume on November 1, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 0.00% . |
Workforce Holdings Fundamentals Correlations and Trends
By evaluating Workforce Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Workforce Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Workforce financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Workforce Holdings Stock history
Workforce Holdings 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 Workforce is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Workforce Holdings 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 Workforce Holdings stock prices may prove useful in developing a viable investing in Workforce Holdings
Workforce Holdings Stock Technical Analysis
Workforce Holdings 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.
Price Boundaries
Workforce Holdings Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
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Workforce Holdings December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Workforce Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Workforce Holdings shares will generate the highest return on investment. By undertsting and applying Workforce Holdings stock market strength indicators, traders can identify Workforce Holdings entry and exit signals to maximize returns
Workforce Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Workforce Holdings' price direction in advance. Along with the technical and fundamental analysis of Workforce Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Workforce 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 | (0.09) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 1.12 |
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Complementary Tools for Workforce Stock analysis
When running Workforce Holdings' price analysis, check to measure Workforce Holdings' 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 Workforce Holdings is operating at the current time. Most of Workforce Holdings' value examination focuses on studying past and present price action to predict the probability of Workforce Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workforce Holdings' price. Additionally, you may evaluate how the addition of Workforce Holdings to your portfolios can decrease your overall portfolio volatility.
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