WeTrade Group Ordinary Price on December 31, 2023
If you're considering investing in WeTrade Stock, it is important to understand the factors that can impact its price. We have found twenty-one technical indicators for WeTrade Group Ordinary, which you can use to evaluate the volatility of the company. Please check out WeTrade Group's Downside Deviation of 6.81, market risk adjusted performance of 0.2655, and Mean Deviation of 6.03 to validate if the risk estimate we provide is consistent with the expected return of 0.0%.
WeTrade Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
WeTrade |
Sharpe Ratio = 0.0
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Based on monthly moving average WeTrade Group is not performing at its full potential. However, 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 WeTrade Group by adding WeTrade Group to a well-diversified portfolio.
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WeTrade Group Valuation on December 31, 2023
It is possible to determine the worth of WeTrade Group on a given historical date. On December 31, 2023 WeTrade was worth 3.85 at the beginning of the trading date compared to the closed value of 3.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of WeTrade Group stock. Still, in general, we apply an absolute valuation method to find WeTrade Group'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 WeTrade Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against WeTrade Group's related companies.
Open | High | Low | Close | Volume | |
3.50 | 3.85 | 3.50 | 3.85 | 18,174 | |
12/29/2023 | 3.85 | 4.06 | 3.74 | 3.85 | 28,461 |
3.89 | 3.99 | 3.81 | 3.82 | 6,140 |
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WeTrade Group Trading Date Momentum on December 31, 2023
On January 02 2024 WeTrade Group Ordinary was traded for 3.82 at the closing time. The top price for the day was 3.99 and the lowest listed price was 3.81 . The trading volume for the day was 6.1 K. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.78% . The trading price change against the current closing price is 8.31% . |
WeTrade Group Ordinary Fundamentals Correlations and Trends
By evaluating WeTrade Group'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 WeTrade Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. WeTrade financial account trend analysis is a perfect complement when working with valuation or volatility modules.About WeTrade Group Stock history
WeTrade Group 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 WeTrade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in WeTrade Group Ordinary 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 WeTrade Group stock prices may prove useful in developing a viable investing in WeTrade Group
WeTrade Group, Inc. provides technical services and solutions through its social e-commerce platform primarily in mainland China. The company was incorporated in 2019 and is headquartered in Beijing, the People Republic of China. Wetrade operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 76 people.
WeTrade Group Stock Technical Analysis
WeTrade Group 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
WeTrade Group Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
WeTrade Group Ordinary 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.
WeTrade Group December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how WeTrade Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading WeTrade Group shares will generate the highest return on investment. By undertsting and applying WeTrade Group stock market strength indicators, traders can identify WeTrade Group Ordinary entry and exit signals to maximize returns
WeTrade Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for WeTrade Group's price direction in advance. Along with the technical and fundamental analysis of WeTrade Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of WeTrade 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 | 0.0473 | |||
Jensen Alpha | 0.2513 | |||
Total Risk Alpha | (0.94) | |||
Sortino Ratio | 0.0501 | |||
Treynor Ratio | 0.2555 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios. 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Other Consideration for investing in WeTrade Stock
If you are still planning to invest in WeTrade Group Ordinary check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the WeTrade Group's history and understand the potential risks before investing.
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