Wellnex Life (Australia) Price on August 23, 2023

WNX Stock   0.74  0.01  1.33%   
Below is the normalized historical share price chart for Wellnex Life extending back to March 15, 2017. 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 Wellnex Life stands at 0.74, as last reported on the 24th of December, with the highest price reaching 0.79 and the lowest price hitting 0.74 during the day.
200 Day MA
1.0806
50 Day MA
0.7074
Beta
0.766
 
Covid
If you're considering investing in Wellnex Stock, it is important to understand the factors that can impact its price. Wellnex Life shows Sharpe Ratio of -0.0143, which attests that the company had a -0.0143% return per unit of risk over the last 3 months. Wellnex Life exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wellnex Life's Market Risk Adjusted Performance of (0.38), standard deviation of 8.44, and Mean Deviation of 5.79 to validate the risk estimate we provide.
  
Wellnex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0143

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Estimated Market Risk

 8.52
  actual daily
75
75% of assets are less volatile

Expected Return

 -0.12
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Wellnex Life 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 Wellnex Life by adding Wellnex Life to a well-diversified portfolio.
Price Book
3.6629
Book Value
0.235
Enterprise Value
32 M
Enterprise Value Ebitda
(4.76)
Price Sales
1.3195

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Wellnex Life Valuation on August 23, 2023

It is possible to determine the worth of Wellnex Life on a given historical date. On August 23, 2023 Wellnex was worth 0.0524 at the beginning of the trading date compared to the closed value of 0.0524. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wellnex Life stock. Still, in general, we apply an absolute valuation method to find Wellnex Life'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 Wellnex Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wellnex Life's related companies.
 Open High Low Close Volume
  0.05    0.05    0.05    0.05    1.00  
08/23/2023
  0.05    0.05    0.05    0.05    1.00  
  0.05    0.05    0.05    0.05    1.00  
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Open Value
0.0524
0.0005
Downside
0.0524
Closing Value
25.62
Upside

Wellnex Life Trading Date Momentum on August 23, 2023

On August 24 2023 Wellnex Life was traded for  0.05  at the closing time. The maximum traded price for the trading interval was 0.05  and the lowest daily price was  0.05 . There was no trading activity during the period 1.0. Lack of trading volume on 24th of August 2023 had no short-term effect on price fluctuation. The trading price change to the closing price today is 0.00% .

Wellnex Life Fundamentals Correlations and Trends

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

About Wellnex Life Stock history

Wellnex Life 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 Wellnex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wellnex Life 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 Wellnex Life stock prices may prove useful in developing a viable investing in Wellnex Life

Wellnex Life Stock Technical Analysis

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

Wellnex Life Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Wellnex Life cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.

Wellnex Life December 24, 2024 Market Strength

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

Wellnex Life Technical and Predictive Indicators

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

Additional Tools for Wellnex Stock Analysis

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