Weebit Nano (Australia) Price on July 2, 2024

WBT Stock   2.89  0.09  3.21%   
Below is the normalized historical share price chart for Weebit Nano extending back to December 21, 2010. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Weebit Nano stands at 2.89, as last reported on the 11th of December 2024, with the highest price reaching 2.95 and the lowest price hitting 2.80 during the day.
200 Day MA
2.551
50 Day MA
2.4217
Beta
1.546
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Weebit Stock, it is important to understand the factors that can impact its price. Weebit Nano appears to be very risky, given 3 months investment horizon. Weebit Nano shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. By examining Weebit Nano's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please utilize Weebit Nano's Market Risk Adjusted Performance of 0.5274, mean deviation of 3.37, and Downside Deviation of 4.14 to validate if our risk estimates are consistent with your expectations.
  
At this time, Weebit Nano's Common Stock Total Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 69.3 M in 2024, whereas Common Stock is likely to drop 4,000 in 2024. . Weebit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.158

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Estimated Market Risk

 4.66
  actual daily
41
59% of assets are more volatile

Expected Return

 0.74
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Weebit Nano 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 Weebit Nano by adding it to a well-diversified portfolio.
Price Book
9.3699
Enterprise Value Ebitda
(28.24)
Price Sales
586.0181
Shares Float
169.8 M
Wall Street Target Price
8.71

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Weebit Nano Valuation on July 2, 2024

It is possible to determine the worth of Weebit Nano on a given historical date. On July 2, 2024 Weebit was worth 2.35 at the beginning of the trading date compared to the closed value of 2.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Weebit Nano stock. Still, in general, we apply an absolute valuation method to find Weebit Nano'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 Weebit Nano where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Weebit Nano's related companies.
 Open High Low Close Volume
  2.56    2.58    2.31    2.35    1,119,161  
07/02/2024
  2.35    2.48    2.35    2.44    623,957  
  2.50    2.51    2.38    2.39    468,204  
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Open Value
2.35
2.44
Closing Value
16.32
Upside

Weebit Nano Trading Date Momentum on July 2, 2024

On July 03 2024 Weebit Nano was traded for  2.39  at the closing time. The maximum traded price for the trading interval was 2.51  and the lowest daily price was  2.38 . The daily volume was recorded at 468.2 K. The volume of trading on 3rd of July 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 2.05% . The trading price change to the closing price today is 3.28% .

Weebit Nano Fundamentals Correlations and Trends

By evaluating Weebit Nano'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 Weebit Nano's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Weebit financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Weebit Nano Stock history

Weebit Nano 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 Weebit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Weebit Nano 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 Weebit Nano stock prices may prove useful in developing a viable investing in Weebit Nano
Last ReportedProjected for Next Year
Common Stock Shares Outstanding188 M118.2 M
Net Loss-1 M-1.1 M

Weebit Nano Quarterly Net Working Capital

60.47 Million

Weebit Nano Stock Technical Analysis

Weebit Nano 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.
A focus of Weebit Nano technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Weebit Nano trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Weebit Nano Period Price Range

Low
December 11, 2024
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High

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Weebit Nano cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.

Weebit Nano December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Weebit Nano stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Weebit Nano shares will generate the highest return on investment. By undertsting and applying Weebit Nano stock market strength indicators, traders can identify Weebit Nano entry and exit signals to maximize returns

Weebit Nano Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Weebit Nano's price direction in advance. Along with the technical and fundamental analysis of Weebit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Weebit 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.

Additional Tools for Weebit Stock Analysis

When running Weebit Nano's price analysis, check to measure Weebit Nano'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 Weebit Nano is operating at the current time. Most of Weebit Nano's value examination focuses on studying past and present price action to predict the probability of Weebit Nano's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weebit Nano's price. Additionally, you may evaluate how the addition of Weebit Nano to your portfolios can decrease your overall portfolio volatility.