Wix (Brazil) Price on June 28, 2024
| W1IX34 Stock | BRL 46.00 1.00 2.22% |
If you're considering investing in Wix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wix stands at 46.00, as last reported on the 26th of December, with the highest price reaching 48.80 and the lowest price hitting 45.95 during the day. Wix appears to be very steady, given 3 months investment horizon. Wix shows Sharpe Ratio of 0.19, which attests that the company had a 0.19% return per unit of risk over the last 3 months. By examining Wix's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please utilize Wix's Mean Deviation of 1.95, downside deviation of 2.42, and Market Risk Adjusted Performance of 1.24 to validate if our risk estimates are consistent with your expectations.
Wix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Wix |
Sharpe Ratio = 0.1949
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Estimated Market Risk
| 3.66 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.71 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Wix is performing at about 15% 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 Wix by adding it to a well-diversified portfolio.
Wix Valuation on June 28, 2024
It is possible to determine the worth of Wix on a given historical date. On June 28, 2024 Wix was worth 29.5 at the beginning of the trading date compared to the closed value of 29.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wix stock. Still, in general, we apply an absolute valuation method to find Wix'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 Wix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wix's related companies.
| Open | High | Low | Close | Volume | |
| 28.10 | 29.28 | 28.10 | 29.01 | 713.00 | |
06/28/2024 | 29.50 | 29.50 | 29.10 | 29.10 | 117.00 |
| 29.16 | 29.31 | 28.95 | 29.31 | 140.00 |
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Wix Trading Date Momentum on June 28, 2024
| On July 01 2024 Wix was traded for 29.31 at the closing time. The highest price during the trading period was 29.31 and the lowest recorded bid was listed for 28.95 . The volume for the day was 140. This history from July 1, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 0.72% . The trading price change to the current price is 4.02% . |
Wix Fundamentals Correlations and Trends
By evaluating Wix'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 Wix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wix Stock history
Wix 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 Wix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wix 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 Wix stock prices may prove useful in developing a viable investing in Wix
Wix.com Ltd, together with its subsidiaries, develops and markets a cloud-based platform that enables anyone to create a website or web application in North America, Europe, Latin America, Asia, and internationally. Wix.com Ltd. was founded in 2006 and is headquartered in Tel Aviv, Israel. WIX COM is traded on Sao Paolo Stock Exchange in Brazil.
Wix Stock Technical Analysis
Wix 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
Wix Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Wix cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
Wix December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Wix stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wix shares will generate the highest return on investment. By undertsting and applying Wix stock market strength indicators, traders can identify Wix entry and exit signals to maximize returns
Wix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wix's price direction in advance. Along with the technical and fundamental analysis of Wix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wix 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 | 0.1699 | |||
| Jensen Alpha | 0.6878 | |||
| Total Risk Alpha | 0.554 | |||
| Sortino Ratio | 0.2783 | |||
| Treynor Ratio | 1.23 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Wix Stock analysis
When running Wix's price analysis, check to measure Wix'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 Wix is operating at the current time. Most of Wix's value examination focuses on studying past and present price action to predict the probability of Wix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wix's price. Additionally, you may evaluate how the addition of Wix to your portfolios can decrease your overall portfolio volatility.
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