Weave Communications Stock Price on October 30, 2024

WEAV Stock  USD 15.46  0.10  0.64%   
If you're considering investing in Weave Stock, it is important to understand the factors that can impact its price. As of today, the current price of Weave Communications stands at 15.46, as last reported on the 14th of December 2024, with the highest price reaching 15.65 and the lowest price hitting 15.18 during the day. Weave Communications appears to be not too volatile, given 3 months investment horizon. Weave Communications shows Sharpe Ratio of 0.25, which attests that the company had a 0.25% return per unit of risk over the last 3 months. By examining Weave Communications' technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please utilize Weave Communications' Downside Deviation of 2.41, mean deviation of 1.87, and Market Risk Adjusted Performance of 0.9072 to validate if our risk estimates are consistent with your expectations.
  
At this time, Weave Communications' Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 71.8 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 176 M in 2024. . At this time, Weave Communications' Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to climb to 0.67 in 2024, whereas Price Earnings Ratio is likely to drop (26.27) in 2024. Weave Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2481

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Estimated Market Risk

 2.59
  actual daily
23
77% of assets are more volatile

Expected Return

 0.64
  actual daily
12
88% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average Weave Communications is performing at about 19% 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 Weave Communications by adding it to a well-diversified portfolio.
Price Book
16.4495
Enterprise Value Ebitda
(54.51)
Price Sales
5.7819
Shares Float
45 M
Wall Street Target Price
16.9286

Related Headline

ON24 Headline on 30th of October 2024

Filed transaction by ON24 Inc Officer: Chief Revenue Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Weave Communications Valuation on October 30, 2024

It is possible to determine the worth of Weave Communications on a given historical date. On October 30, 2024 Weave was worth 13.36 at the beginning of the trading date compared to the closed value of 13.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Weave Communications stock. Still, in general, we apply an absolute valuation method to find Weave Communications' 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 Weave Communications where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Weave Communications' related companies.
 Open High Low Close Volume
  13.47    13.72    13.36    13.50    977,882  
10/30/2024
  13.36    13.86    13.35    13.79    1,722,308  
  13.95    14.34    13.25    14.02    3,274,850  
Backtest Weave Communications  |  Weave Communications History  |  Weave Communications Valuation   PreviousNext  
Open Value
13.36
13.79
Closing Value
21.12
Upside

Weave Communications Trading Date Momentum on October 30, 2024

On October 31 2024 Weave Communications was traded for  14.02  at the closing time. The top price for the day was 14.34  and the lowest listed price was  13.25 . The trading volume for the day was 3.3 M. The trading history from October 31, 2024 was a factor to the next trading day price increase. The trading price change against the next closing price was 1.67% . The trading price change against the current closing price is 3.70% .

Weave Communications Fundamentals Correlations and Trends

By evaluating Weave Communications' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Weave Communications' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Weave financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Weave Communications Stock history

Weave Communications 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 Weave is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Weave Communications 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 Weave Communications stock prices may prove useful in developing a viable investing in Weave Communications
Last ReportedProjected for Next Year
Common Stock Shares Outstanding67.7 M71.8 M
Net Loss-44.8 M-47 M

Weave Communications Quarterly Net Working Capital

47.05 Million

Weave Communications Stock Technical Analysis

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

Weave Communications Period Price Range

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Weave Communications December 14, 2024 Market Strength

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

Weave Communications Technical and Predictive Indicators

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

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