Welsbach Technology Metals Price on December 6, 2024
WTMAUDelisted Stock | USD 10.56 0.00 0.00% |
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 10.56, as last reported on the 23rd of January, with the highest price reaching 10.56 and the lowest price hitting 10.56 during the day. Welsbach Technology shows Sharpe Ratio of -0.0153, which attests that the company had a -0.0153 % return per unit of risk over the last 3 months. Welsbach Technology exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Welsbach Technology's Market Risk Adjusted Performance of 0.1913, mean deviation of 0.6676, and Standard Deviation of 3.12 to validate the risk estimate we provide.
Welsbach Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Welsbach |
Sharpe Ratio = -0.0153
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Estimated Market Risk
3.33 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.05 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 Welsbach Technology 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 Welsbach Technology by adding Welsbach Technology to a well-diversified portfolio.
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Welsbach Technology Valuation on December 6, 2024
It is possible to determine the worth of Welsbach Technology on a given historical date. On December 6, 2024 Welsbach was worth 11.27 at the beginning of the trading date compared to the closed value of 11.27. 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 | |
11.27 | 11.27 | 11.27 | 11.27 | 1.00 | |
12/06/2024 | 11.27 | 11.27 | 11.27 | 11.27 | 1.00 |
11.27 | 11.27 | 11.27 | 11.27 | 1.00 |
Backtest Welsbach Technology | | | Welsbach Technology History | | | Welsbach Technology Valuation | Previous | Next |
Welsbach Technology Trading Date Momentum on December 6, 2024
On December 09 2024 Welsbach Technology Metals was traded for 11.27 at the closing time. The highest daily price throughout the period was 11.27 and the lowest price was 11.27 . There was no trading activity during the period 1.0. Lack of trading volume on 12/09/2024 had no short-term effect on price fluctuation. The trading price change to current closing price is 0.00% . |
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
Welsbach Technology Metals Acquisition Corp. does not have significant operations. Welsbach Technology Metals Acquisition Corp. was incorporated in 2021 and is based in Lombard, Illinois. Welsbach Technology is traded on NASDAQ Exchange in the United States.
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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Welsbach Technology Period Price Range
Low | January 23, 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 23, 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) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.15) | |||
Treynor Ratio | 0.1813 |
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Volume Indicators |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Welsbach Technology Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Welsbach Stock
If you are still planning to invest in Welsbach Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Welsbach Technology's history and understand the potential risks before investing.
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