Western New England Stock Price on September 6, 2024

WNEB Stock  USD 9.26  0.05  0.54%   
Below is the normalized historical share price chart for Western New England extending back to December 28, 2001. 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 Western New stands at 9.26, as last reported on the 22nd of December, with the highest price reaching 9.40 and the lowest price hitting 9.26 during the day.
IPO Date
2nd of May 2002
200 Day MA
7.894
50 Day MA
9.0752
Beta
0.672
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Western Stock, it is important to understand the factors that can impact its price. At this point, Western New is not too volatile. Western New England shows Sharpe Ratio of 0.0784, which attests that the company had a 0.0784% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Western New England, which you can use to evaluate the volatility of the company. Please check out Western New's Downside Deviation of 1.22, market risk adjusted performance of 0.1178, and Mean Deviation of 0.9159 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
  
At present, Western New's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 138.6 M, whereas Total Stockholder Equity is forecasted to decline to about 216 M. . At present, Western New's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Free Cash Flows Ratio is expected to grow to 17.14, whereas Price To Sales Ratio is forecasted to decline to 2.35. Western Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0784

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Estimated Market Risk

 1.47
  actual daily
13
87% of assets are more volatile

Expected Return

 0.12
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Western New is performing at about 6% 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 Western New by adding it to a well-diversified portfolio.
Price Book
0.8114
Price Sales
2.6846
Shares Float
15.7 M
Dividend Share
0.28
Wall Street Target Price
9.5

Western New Main Headline on 6th of September 2024

Filed transaction by Western New England Director. Grant, award or other acquisition pursuant to Rule 16b-3

Western New Valuation on September 6, 2024

It is possible to determine the worth of Western New on a given historical date. On September 6, 2024 Western was worth 8.73 at the beginning of the trading date compared to the closed value of 8.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Western New stock. Still, in general, we apply an absolute valuation method to find Western New'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 Western New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Western New's related companies.
 Open High Low Close Volume
  8.66    8.73    8.54    8.69    36,421  
09/06/2024
  8.73    8.73    8.51    8.64    23,170  
  8.67    8.71    8.56    8.58    143,458  
Backtest Western New  |  Western New History  |  Western New Valuation   PreviousNext  
Open Value
8.73
8.64
Closing Value
13.15
Upside

Western New Trading Date Momentum on September 6, 2024

On September 09 2024 Western New England was traded for  8.58  at the closing time. The top price for the day was 8.71  and the lowest listed price was  8.56 . The trading volume for the day was 143.5 K. The trading history from September 9, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.69% . The trading price change against the current closing price is 1.50% .

Western New England Fundamentals Correlations and Trends

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

About Western New Stock history

Western New 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 Western is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Western New England 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 Western New stock prices may prove useful in developing a viable investing in Western New
Last ReportedProjected for Next Year
Common Stock Shares Outstanding21.6 M21.7 M
Net Income Applicable To Common Shares29.8 M31.3 M

Western New Stock Technical Analysis

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

Western New Period Price Range

Low
December 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Western New England 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.

Western New December 22, 2024 Market Strength

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

Western New Technical and Predictive Indicators

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

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