Wellchange Holdings Stock Performance
| WCT Stock | 1.33 0.03 2.21% |
The firm maintains a market beta of 2.79, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Wellchange Holdings will likely underperform. At this point, Wellchange Holdings has a negative expected return of -0.94%. Please make sure to check out Wellchange Holdings' jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Wellchange Holdings performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Wellchange Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's fundamental indicators remain comparatively stable which may send shares a bit higher in February 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
1 | Wellchange Holdings Company Limited Announces Full Exercise of Underwriters Over-Allotment Option | 10/17/2024 |
2 | U.S. stocks higher at close of trade Dow Jones Industrial Average up 3.58 percent - Investing.com | 11/06/2024 |
3 | Gallery exhibits published Nov. 20, 2024 - West Central Tribune | 11/20/2024 |
4 | Wellchange Holdings Company Limited Delivered A Better ROE Than Its Industry | 01/02/2025 |
Wellchange |
Wellchange Holdings Relative Risk vs. Return Landscape
If you would invest 559.00 in Wellchange Holdings on October 9, 2024 and sell it today you would lose (426.00) from holding Wellchange Holdings or give up 76.21% of portfolio value over 90 days. Wellchange Holdings is generating negative expected returns assuming volatility of 15.1124% on return distribution over 90 days investment horizon. In other words, majority of equities are less volatile than Wellchange, and most equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Wellchange Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wellchange Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Wellchange Holdings, and traders can use it to determine the average amount a Wellchange Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.062
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| Negative Returns | WCT |
Estimated Market Risk
| 15.11 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.94 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wellchange Holdings 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 Wellchange Holdings by adding Wellchange Holdings to a well-diversified portfolio.
About Wellchange Holdings Performance
Assessing Wellchange Holdings' fundamental ratios provides investors with valuable insights into Wellchange Holdings' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Wellchange Holdings is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Wellchange Holdings is entity of United States. It is traded as Stock on NASDAQ exchange.Things to note about Wellchange Holdings performance evaluation
Checking the ongoing alerts about Wellchange Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Wellchange Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Wellchange Holdings generated a negative expected return over the last 90 days | |
| Wellchange Holdings has high historical volatility and very poor performance | |
| Wellchange Holdings may become a speculative penny stock | |
| Latest headline from simplywall.st: Wellchange Holdings Company Limited Delivered A Better ROE Than Its Industry |
- Analyzing Wellchange Holdings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Wellchange Holdings' stock is overvalued or undervalued compared to its peers.
- Examining Wellchange Holdings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Wellchange Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Wellchange Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Wellchange Holdings' stock. These opinions can provide insight into Wellchange Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Wellchange Stock Analysis
When running Wellchange Holdings' price analysis, check to measure Wellchange Holdings' 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 Wellchange Holdings is operating at the current time. Most of Wellchange Holdings' value examination focuses on studying past and present price action to predict the probability of Wellchange Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wellchange Holdings' price. Additionally, you may evaluate how the addition of Wellchange Holdings to your portfolios can decrease your overall portfolio volatility.