Webtoon Entertainment Common Stock Price on November 1, 2024

WBTN Stock   12.28  0.26  2.16%   
If you're considering investing in WEBTOON Stock, it is important to understand the factors that can impact its price. As of today, the current price of WEBTOON Entertainment stands at 12.28, as last reported on the 2nd of December, with the highest price reaching 12.42 and the lowest price hitting 12.07 during the day. As of now, WEBTOON Stock is somewhat reliable. WEBTOON Entertainment retains Efficiency (Sharpe Ratio) of 0.0158, which attests that the company had a 0.0158% return per unit of volatility over the last 3 months. We have found twenty-four technical indicators for WEBTOON Entertainment, which you can use to evaluate the volatility of the company. Please check out WEBTOON Entertainment's Market Risk Adjusted Performance of (0.0001), mean deviation of 3.15, and Information Ratio of (0.03) to validate if the risk estimate we provide is consistent with the expected return of 0.0654%.
  
At this time, WEBTOON Entertainment's Other Stockholder Equity is very stable compared to the past year. As of the 2nd of December 2024, Capital Stock is likely to grow to about 37.4 K, while Total Stockholder Equity is likely to drop about 1.1 B. . At this time, WEBTOON Entertainment's Price Fair Value is very stable compared to the past year. WEBTOON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0158

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Estimated Market Risk

 4.13
  actual daily
36
64% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average WEBTOON Entertainment is performing at about 1% 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 WEBTOON Entertainment by adding it to a well-diversified portfolio.
Price Book
0.882
Price Sales
1.0285
Shares Float
15 M
Wall Street Target Price
26.71
Earnings Share
(1.18)

Related Headline

Anterix Headline on 1st of November 2024

Toronto, Ontario-- - ATEX Resources Inc. is pleased to announce the closing of the previously announced US40 million strategic investment by Agnico Eagle Mines Limited on a private placement basis , the concurrent settlement of the Companys US15 million credit facility and a C500,000 equity investment by a recently appointed ATEX director.Under the Offering, Agnico acquired

WEBTOON Entertainment Valuation on November 1, 2024

It is possible to determine the worth of WEBTOON Entertainment on a given historical date. On November 1, 2024 WEBTOON was worth 10.5 at the beginning of the trading date compared to the closed value of 10.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WEBTOON Entertainment stock. Still, in general, we apply an absolute valuation method to find WEBTOON Entertainment'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 WEBTOON Entertainment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WEBTOON Entertainment's related companies.
 Open High Low Close Volume
  10.84    10.92    10.40    10.40    308,449  
11/01/2024
  10.50    10.75    10.42    10.54    204,955  
  10.80    11.23    10.48    11.04    304,152  
Backtest WEBTOON Entertainment  |  WEBTOON Entertainment History  |  WEBTOON Entertainment Valuation   PreviousNext  
Open Value
10.5
10.54
Closing Value
22.90
Upside

WEBTOON Entertainment Trading Date Momentum on November 1, 2024

On November 04 2024 WEBTOON Entertainment Common was traded for  11.04  at the closing time. The top price for the day was 11.23  and the lowest listed price was  10.48 . The trading volume for the day was 304.2 K. The trading history from November 4, 2024 was a factor to the next trading day price boost. The trading price change against the next closing price was 4.74% . The trading price change against the current closing price is 2.09% .

WEBTOON Entertainment Fundamentals Correlations and Trends

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

About WEBTOON Entertainment Stock history

WEBTOON Entertainment 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 WEBTOON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WEBTOON Entertainment 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 WEBTOON Entertainment stock prices may prove useful in developing a viable investing in WEBTOON Entertainment
Last ReportedProjected for Next Year
Common Stock Shares Outstanding114.4 M101.7 M

WEBTOON Entertainment Quarterly Net Working Capital

527.45 Million

WEBTOON Entertainment Stock Technical Analysis

WEBTOON Entertainment 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 WEBTOON Entertainment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of WEBTOON Entertainment 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

WEBTOON Entertainment Period Price Range

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December 2, 2024
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WEBTOON Entertainment Common 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.

WEBTOON Entertainment December 2, 2024 Market Strength

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

WEBTOON Entertainment Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for WEBTOON Entertainment's price direction in advance. Along with the technical and fundamental analysis of WEBTOON Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WEBTOON 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.
When determining whether WEBTOON Entertainment offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of WEBTOON Entertainment's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Webtoon Entertainment Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Webtoon Entertainment Common Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WEBTOON Entertainment Common. 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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Printing and Publishing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WEBTOON Entertainment. If investors know WEBTOON will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WEBTOON Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.18)
Revenue Per Share
11.851
Quarterly Revenue Growth
0.001
The market value of WEBTOON Entertainment is measured differently than its book value, which is the value of WEBTOON that is recorded on the company's balance sheet. Investors also form their own opinion of WEBTOON Entertainment's value that differs from its market value or its book value, called intrinsic value, which is WEBTOON Entertainment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WEBTOON Entertainment's market value can be influenced by many factors that don't directly affect WEBTOON Entertainment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WEBTOON Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if WEBTOON Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEBTOON Entertainment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.