Winsome Resources (Australia) Price on August 23, 2024
| WR1 Stock | 0.43 0.02 4.88% |
If you're considering investing in Winsome Stock, it is important to understand the factors that can impact its price. As of today, the current price of Winsome Resources stands at 0.43, as last reported on the 23rd of December, with the highest price reaching 0.43 and the lowest price hitting 0.41 during the day. Winsome Resources shows Sharpe Ratio of -0.0198, which attests that the company had a -0.0198% return per unit of risk over the last 3 months. Winsome Resources exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Winsome Resources' Mean Deviation of 3.27, market risk adjusted performance of (0.22), and Downside Deviation of 4.06 to validate the risk estimate we provide.
Other Stockholder Equity is likely to gain to about 15.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 53.5 M in 2024. . Winsome Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Winsome |
Sharpe Ratio = -0.0198
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| Negative Returns | WR1 |
Estimated Market Risk
| 4.21 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Winsome Resources 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 Winsome Resources by adding Winsome Resources to a well-diversified portfolio.
Price Book 0.8903 | Enterprise Value Ebitda (22.66) | Price Sales 4.5434 | Shares Float 147 M | Wall Street Target Price 1.75 |
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Winsome Resources Valuation on August 23, 2024
It is possible to determine the worth of Winsome Resources on a given historical date. On August 23, 2024 Winsome was worth 0.6 at the beginning of the trading date compared to the closed value of 0.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Winsome Resources stock. Still, in general, we apply an absolute valuation method to find Winsome Resources' 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 Winsome Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Winsome Resources' related companies.
| Open | High | Low | Close | Volume | |
| 0.62 | 0.64 | 0.60 | 0.60 | 567,517 | |
08/23/2024 | 0.60 | 0.61 | 0.57 | 0.57 | 350,342 |
| 0.59 | 0.60 | 0.56 | 0.56 | 674,457 |
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Winsome Resources Trading Date Momentum on August 23, 2024
| On August 26 2024 Winsome Resources was traded for 0.56 at the closing time. The maximum traded price for the trading interval was 0.60 and the lowest daily price was 0.56 . The daily volume was recorded at 674.5 K. The volume of trading on 26th of August 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 1.75% . The trading price change to the closing price today is 7.02% . |
Winsome Resources Fundamentals Correlations and Trends
By evaluating Winsome Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Winsome Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Winsome financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Winsome Resources Stock history
Winsome Resources 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 Winsome is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Winsome Resources 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 Winsome Resources stock prices may prove useful in developing a viable investing in Winsome Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 184.4 M | 171.5 M | |
| Net Loss | -13.7 M | -14.3 M |
Winsome Resources Quarterly Net Working Capital |
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Winsome Resources Stock Technical Analysis
Winsome Resources 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
Winsome Resources Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Winsome Resources 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.
Winsome Resources December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Winsome Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Winsome Resources shares will generate the highest return on investment. By undertsting and applying Winsome Resources stock market strength indicators, traders can identify Winsome Resources entry and exit signals to maximize returns
Winsome Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Winsome Resources' price direction in advance. Along with the technical and fundamental analysis of Winsome Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Winsome 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 | 0.0183 | |||
| Jensen Alpha | 0.0501 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0058 | |||
| Treynor Ratio | (0.23) |
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Additional Tools for Winsome Stock Analysis
When running Winsome Resources' price analysis, check to measure Winsome Resources' 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 Winsome Resources is operating at the current time. Most of Winsome Resources' value examination focuses on studying past and present price action to predict the probability of Winsome Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Winsome Resources' price. Additionally, you may evaluate how the addition of Winsome Resources to your portfolios can decrease your overall portfolio volatility.