Welsbach Technology Metals Stock Price on May 9, 2023
| WTMA Stock | USD 12.40 0.59 5.00% |
If you're considering investing in Welsbach Stock, it is important to understand the factors that can impact its price. As of today, the current price of Welsbach Technology stands at 12.40, as last reported on the 10th of January, with the highest price reaching 12.40 and the lowest price hitting 12.40 during the day. Welsbach Technology appears to be very steady, given 3 months investment horizon. Welsbach Technology shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Welsbach Technology, which you can use to evaluate the volatility of the company. Please utilize Welsbach Technology's Mean Deviation of 0.5904, downside deviation of 1.16, and Market Risk Adjusted Performance of 2.43 to validate if our risk estimates are consistent with your expectations.
The current year's Common Stock Shares Outstanding is expected to grow to about 7 M, whereas Total Stockholder Equity is forecasted to decline to about 12.5 M. . At present, Welsbach Technology's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 12.18, whereas Price Earnings Ratio is forecasted to decline to (1.2 K). Welsbach Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Welsbach |
Sharpe Ratio = 0.1524
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | WTMA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Welsbach Technology is performing at about 12% 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 Welsbach Technology by adding it to a well-diversified portfolio.
Related Headline
Broad Capital Headline on 9th of May 2023
Gilead Strengthens Early Pipeline in Oncology and Inflammati... by news.google.com
Gilead Strengthens Early Pipeline in Oncology and Inflammation ... Gilead Sciences
Welsbach Technology Valuation on May 9, 2023
It is possible to determine the worth of Welsbach Technology on a given historical date. On May 9, 2023 Welsbach was worth 10.42 at the beginning of the trading date compared to the closed value of 10.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Welsbach Technology stock. Still, in general, we apply an absolute valuation method to find Welsbach Technology'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 Welsbach Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Welsbach Technology's related companies.
| Open | High | Low | Close | Volume | |
| 10.42 | 10.42 | 10.42 | 10.42 | 1.00 | |
05/09/2023 | 10.42 | 10.42 | 10.42 | 10.42 | 1.00 |
| 10.44 | 10.46 | 10.44 | 10.46 | 27,002 |
| Backtest Welsbach Technology | | | Welsbach Technology History | | | Welsbach Technology Valuation | Previous | Next |
Welsbach Technology Trading Date Momentum on May 9, 2023
| On May 10 2023 Welsbach Technology Metals was traded for 10.46 at the closing time. The top price for the day was 10.46 and the lowest listed price was 10.44 . The trading volume for the day was 27 K. The trading history from May 10, 2023 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.38% . The trading price change against the current closing price is 0.67% . |
Welsbach Technology Fundamentals Correlations and Trends
By evaluating Welsbach Technology'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 Welsbach Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Welsbach financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Welsbach Technology Stock history
Welsbach Technology 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 Welsbach is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Welsbach Technology 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 Welsbach Technology stock prices may prove useful in developing a viable investing in Welsbach Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.8 M | 7 M | |
| Net Loss | -2.2 M | -2 M |
Welsbach Technology Stock Technical Analysis
Welsbach Technology 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
Welsbach Technology Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Welsbach Technology Metals 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.
Welsbach Technology January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Welsbach Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Welsbach Technology shares will generate the highest return on investment. By undertsting and applying Welsbach Technology stock market strength indicators, traders can identify Welsbach Technology Metals entry and exit signals to maximize returns
Welsbach Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Welsbach Technology's price direction in advance. Along with the technical and fundamental analysis of Welsbach Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Welsbach 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 | 0.1205 | |||
| Jensen Alpha | 0.1769 | |||
| Total Risk Alpha | 0.15 | |||
| Sortino Ratio | 0.138 | |||
| Treynor Ratio | 2.42 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Welsbach Stock analysis
When running Welsbach Technology's price analysis, check to measure Welsbach Technology'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 Welsbach Technology is operating at the current time. Most of Welsbach Technology's value examination focuses on studying past and present price action to predict the probability of Welsbach Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Welsbach Technology's price. Additionally, you may evaluate how the addition of Welsbach Technology to your portfolios can decrease your overall portfolio volatility.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |