WETG Old Performance
The firm maintains a market beta of 1.5, 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, WETG Old will likely underperform. WETG Old presently maintains a risk of 0.0%. Please check out WETG Old jensen alpha and downside variance , to decide if WETG Old will be following its historical returns.
Risk-Adjusted Performance
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Over the last 90 days WETG Old has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, WETG Old is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 616.6 K |
WETG |
WETG Old Relative Risk vs. Return Landscape
If you would invest (100.00) in WETG Old on October 24, 2024 and sell it today you would earn a total of 100.00 from holding WETG Old or generate -100.0% return on investment over 90 days. WETG Old is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than WETG, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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WETG Old Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for WETG Old's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as WETG Old, and traders can use it to determine the average amount a WETG Old's 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 = 0.0
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Based on monthly moving average WETG Old 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 WETG Old by adding WETG Old to a well-diversified portfolio.
WETG Old Fundamentals Growth
WETG Stock prices reflect investors' perceptions of the future prospects and financial health of WETG Old, and WETG Old fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on WETG Stock performance.
| Return On Equity | -0.25 | |||
| Return On Asset | -0.22 | |||
| Profit Margin | (1.93) % | |||
| Operating Margin | (7.58) % | |||
| Current Valuation | (7.42 M) | |||
| Shares Outstanding | 2.63 M | |||
| Price To Earning | 52.65 X | |||
| Price To Book | 0.32 X | |||
| Price To Sales | 2.69 X | |||
| Revenue | 11.67 M | |||
| EBITDA | (9.59 M) | |||
| Cash And Equivalents | 7.15 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 2.54 M | |||
| Debt To Equity | 0.15 % | |||
| Book Value Per Share | 15.14 X | |||
| Cash Flow From Operations | (17.61 M) | |||
| Earnings Per Share | (0.70) X | |||
| Total Asset | 46.23 M | |||
| Retained Earnings | (1.71 M) | |||
About WETG Old Performance
By analyzing WETG Old's fundamental ratios, stakeholders can gain valuable insights into WETG Old's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if WETG Old has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if WETG Old has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
WeTrade Group, Inc. provides technical services and solutions through its social e-commerce platform primarily in mainland China. The company was incorporated in 2019 and is headquartered in Beijing, the People Republic of China. Wetrade operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 76 people.Things to note about WETG Old performance evaluation
Checking the ongoing alerts about WETG Old for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for WETG Old help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| WETG Old is now traded under the symbol NXTT. Please update your portfolios or report it if you believe this is an error. Report It! | |
| WETG Old is not yet fully synchronised with the market data | |
| WETG Old has some characteristics of a very speculative penny stock | |
| WETG Old has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 11.67 M. Net Loss for the year was (9.15 M) with profit before overhead, payroll, taxes, and interest of 1.98 M. | |
| WETG Old currently holds about 7.15 M in cash with (17.61 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04. | |
| Roughly 60.0% of the company outstanding shares are owned by insiders |
- Analyzing WETG Old's 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 WETG Old's stock is overvalued or undervalued compared to its peers.
- Examining WETG Old's 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 WETG Old's management team can have a significant impact on its success or failure. Reviewing the track record and experience of WETG Old's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of WETG Old's stock. These opinions can provide insight into WETG Old's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Other Consideration for investing in WETG Stock
If you are still planning to invest in WETG Old 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 WETG Old's history and understand the potential risks before investing.
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