Warner Music Group Stock Price on September 6, 2024
| WMG Stock | USD 31.02 0.28 0.89% |
If you're considering investing in Warner Stock, it is important to understand the factors that can impact its price. As of today, the current price of Warner Music stands at 31.02, as last reported on the 7th of January, with the highest price reaching 31.41 and the lowest price hitting 30.76 during the day. At this point, Warner Music is very steady. Warner Music Group shows Sharpe Ratio of 0.0131, which attests that the company had a 0.0131% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Warner Music Group, which you can use to evaluate the volatility of the company. Please check out Warner Music's Market Risk Adjusted Performance of 0.1218, mean deviation of 0.9628, and Downside Deviation of 1.78 to validate if the risk estimate we provide is consistent with the expected return of 0.0187%.
Warner Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Warner |
Sharpe Ratio = 0.0131
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WMG |
Estimated Market Risk
| 1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Warner Music is performing at about 1% 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 Warner Music by adding it to a well-diversified portfolio.
Warner Music Valuation on September 6, 2024
It is possible to determine the worth of Warner Music on a given historical date. On September 6, 2024 Warner was worth 27.92 at the beginning of the trading date compared to the closed value of 27.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Warner Music stock. Still, in general, we apply an absolute valuation method to find Warner Music'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 Warner Music where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Warner Music's related companies.
| Open | High | Low | Close | Volume | |
| 27.96 | 28.12 | 27.74 | 28.02 | 1,083,789 | |
09/06/2024 | 27.92 | 28.18 | 27.23 | 27.45 | 1,168,367 |
| 27.43 | 27.87 | 27.43 | 27.80 | 1,229,574 |
| Backtest Warner Music | | | Warner Music History | | | Warner Music Valuation | Previous | Next |
Warner Music Trading Date Momentum on September 6, 2024
| On September 09 2024 Warner Music Group was traded for 27.80 at the closing time. Highest Warner Music's price during the trading hours was 27.87 and the lowest price during the day was 27.43 . The net volume was 1.2 M. The overall trading history on the 9th of September contributed to the next trading period price rise. The trading price change to the next next day price was 1.28% . The trading price change to current price is 5.10% . |
Warner Music Group Fundamentals Correlations and Trends
By evaluating Warner Music'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 Warner Music's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Warner financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Warner Music Stock history
Warner Music 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 Warner is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Warner Music Group 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 Warner Music stock prices may prove useful in developing a viable investing in Warner Music
Warner Music Group Corp. operates as a music entertainment company in the United States, the United Kingdom, Germany, and internationally. The company was founded in 1929 and is headquartered in New York, New York. Warner Music operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. It employs 6200 people.
Warner Music Stock Technical Analysis
Warner Music 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
Warner Music Period Price Range
Low | January 7, 2025
| High |
0.00 | 0.00 |
Warner Music Group 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.
Warner Music January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Warner Music stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Warner Music shares will generate the highest return on investment. By undertsting and applying Warner Music stock market strength indicators, traders can identify Warner Music Group entry and exit signals to maximize returns
Warner Music Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Warner Music's price direction in advance. Along with the technical and fundamental analysis of Warner Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Warner 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 | 0.0149 | |||
| Jensen Alpha | 0.0073 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1118 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Warner Stock analysis
When running Warner Music's price analysis, check to measure Warner Music'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 Warner Music is operating at the current time. Most of Warner Music's value examination focuses on studying past and present price action to predict the probability of Warner Music's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Warner Music's price. Additionally, you may evaluate how the addition of Warner Music to your portfolios can decrease your overall portfolio volatility.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |