Wec Energy Group Stock Price on May 8, 2024

WEC Stock  USD 101.05  0.77  0.76%   
Below is the normalized historical share price chart for WEC Energy Group extending back to March 17, 1980. 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 WEC Energy stands at 101.05, as last reported on the 2nd of December, with the highest price reaching 101.89 and the lowest price hitting 100.78 during the day.
IPO Date
26th of October 1984
200 Day MA
86.8803
50 Day MA
97.1936
Beta
0.438
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in WEC Stock, it is important to understand the factors that can impact its price. At this point, WEC Energy is very steady. WEC Energy Group retains Efficiency (Sharpe Ratio) of 0.15, which attests that the company had a 0.15% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for WEC Energy, which you can use to evaluate the volatility of the company. Please check out WEC Energy's Market Risk Adjusted Performance of 0.5746, standard deviation of 0.8796, and Mean Deviation of 0.7073 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
  
At present, WEC Energy's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 10.2 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 269.4 M. . At present, WEC Energy's Price To Free Cash Flows Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 3.13, whereas Price Earnings Ratio is forecasted to decline to 13.67. WEC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1533

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Estimated Market Risk

 0.89
  actual daily
7
93% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
12
88% of assets perform better
Based on monthly moving average WEC Energy 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 WEC Energy by adding it to a well-diversified portfolio.
Price Book
2.6459
Enterprise Value Ebitda
14.1725
Price Sales
3.7748
Shares Float
315.6 M
Dividend Share
3.285

Related Headline

Evergy, Headline on 8th of May 2024

Filed transaction by Evergy Common Stock Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)

WEC Energy Valuation on May 8, 2024

It is possible to determine the worth of WEC Energy on a given historical date. On May 8, 2024 WEC was worth 81.41 at the beginning of the trading date compared to the closed value of 82.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WEC Energy stock. Still, in general, we apply an absolute valuation method to find WEC Energy'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 WEC Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WEC Energy's related companies.
 Open High Low Close Volume
  81.14    81.64    80.59    81.53    1,732,000  
05/08/2024
  81.41    82.71    81.09    82.58    1,812,100  
  82.58    83.30    82.23    83.23    1,542,700  
Backtest WEC Energy  |  WEC Energy History  |  WEC Energy Valuation   PreviousNext  
Open Value
81.41
82.58
Closing Value
84.08
Upside

WEC Energy Trading Date Momentum on May 8, 2024

On May 09 2024 WEC Energy Group was traded for  83.23  at the closing time. Highest WEC Energy's price during the trading hours was 83.30  and the lowest price during the day was  82.23 . The net volume was 1.5 M. The overall trading history on the 9th of May contributed to the next trading period price growth. The trading price change to the next next day price was 0.79% . The trading price change to current price is 1.95% .

WEC Energy Group Fundamentals Correlations and Trends

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

About WEC Energy Stock history

WEC Energy 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 WEC is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WEC Energy Group 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 WEC Energy stock prices may prove useful in developing a viable investing in WEC Energy
Last ReportedProjected for Next Year
Common Stock Shares Outstanding315.9 M269.4 M
Net Income Applicable To Common Shares1.6 B1.7 B

WEC Energy Stock Technical Analysis

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

WEC Energy Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

WEC Energy Group cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

WEC Energy December 2, 2024 Market Strength

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

WEC Energy Technical and Predictive Indicators

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

Complementary Tools for WEC Stock analysis

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