Watsco (Germany) Price on November 6, 2024
| WC3 Stock | EUR 466.80 7.50 1.63% |
If you're considering investing in Watsco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Watsco stands at 466.80, as last reported on the 29th of December, with the highest price reaching 466.90 and the lowest price hitting 463.10 during the day. At this point, Watsco is very steady. Watsco Inc shows Sharpe Ratio of 0.0649, which attests that the company had a 0.0649% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Watsco Inc, which you can use to evaluate the volatility of the company. Please check out Watsco's Downside Deviation of 1.55, mean deviation of 1.3, and Market Risk Adjusted Performance of 0.3615 to validate if the risk estimate we provide is consistent with the expected return of 0.12%.
Watsco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Watsco |
Sharpe Ratio = 0.0649
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Estimated Market Risk
| 1.81 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average Watsco is performing at about 5% 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 Watsco by adding it to a well-diversified portfolio.
Watsco Valuation on November 6, 2024
It is possible to determine the worth of Watsco on a given historical date. On November 6, 2024 Watsco was worth 456.0 at the beginning of the trading date compared to the closed value of 478.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Watsco stock. Still, in general, we apply an absolute valuation method to find Watsco'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 Watsco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Watsco's related companies.
| Open | High | Low | Close | Volume | |
| 433.30 | 444.30 | 433.30 | 444.30 | 1.00 | |
11/06/2024 | 456.00 | 478.10 | 456.00 | 478.10 | 1.00 |
| 474.20 | 485.40 | 473.20 | 485.40 | 244.00 |
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Watsco Trading Date Momentum on November 6, 2024
| On November 07 2024 Watsco Inc was traded for 485.40 at the closing time. The highest daily price throughout the period was 485.40 and the lowest price was 473.20 . The daily volume was 244. The net trading volume on 11/07/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 1.53% . The trading price change to current closing price is 1.82% . |
Watsco Inc Fundamentals Correlations and Trends
By evaluating Watsco'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 Watsco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Watsco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Watsco Stock history
Watsco 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 Watsco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Watsco Inc 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 Watsco stock prices may prove useful in developing a viable investing in Watsco
Watsco, Inc., together with its subsidiaries, distributes air conditioning, heating, and refrigeration equipment and related parts and supplies in the United States, Canada, Mexico, and Puerto Rico. Watsco, Inc. was founded in 1945 and is headquartered in Miami, Florida. WATSCO INC operates under Industrial Distribution classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5200 people.
Watsco Stock Technical Analysis
Watsco 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
Watsco Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Watsco Inc cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Watsco December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Watsco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Watsco shares will generate the highest return on investment. By undertsting and applying Watsco stock market strength indicators, traders can identify Watsco Inc entry and exit signals to maximize returns
Watsco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Watsco's price direction in advance. Along with the technical and fundamental analysis of Watsco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Watsco 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 | 0.0497 | |||
| Jensen Alpha | 0.0822 | |||
| Total Risk Alpha | 0.0387 | |||
| Sortino Ratio | 0.0424 | |||
| Treynor Ratio | 0.3515 |
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| Volume Indicators |
Complementary Tools for Watsco Stock analysis
When running Watsco's price analysis, check to measure Watsco'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 Watsco is operating at the current time. Most of Watsco's value examination focuses on studying past and present price action to predict the probability of Watsco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Watsco's price. Additionally, you may evaluate how the addition of Watsco to your portfolios can decrease your overall portfolio volatility.
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