Wellnex Life (Australia) Price on November 4, 2024
| WNX Stock | 0.63 0.01 1.61% |
Below is the normalized historical share price chart for Wellnex Life extending back to March 15, 2017. 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 Wellnex Life stands at 0.63, as last reported on the 15th of December 2024, with the highest price reaching 0.63 and the lowest price hitting 0.60 during the day.
If you're considering investing in Wellnex Stock, it is important to understand the factors that can impact its price. Wellnex Life shows Sharpe Ratio of -0.0437, which attests that the company had a -0.0437% return per unit of risk over the last 3 months. Wellnex Life exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wellnex Life's Mean Deviation of 5.68, market risk adjusted performance of 0.2178, and Standard Deviation of 8.34 to validate the risk estimate we provide.
At this time, Wellnex Life's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 25.1 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 24.9 M in 2024. . Wellnex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.0944 | 50 Day MA 0.7256 | Beta 0.766 |
Wellnex |
Sharpe Ratio = -0.0437
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Estimated Market Risk
| 8.34 actual daily | 74 74% of assets are less volatile |
Expected Return
| -0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Wellnex Life 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 Wellnex Life by adding Wellnex Life to a well-diversified portfolio.
Price Book 3.1184 | Book Value 0.235 | Enterprise Value 28.7 M | Enterprise Value Ebitda (4.76) | Price Sales 1.1158 |
Wellnex Life Valuation on November 4, 2024
It is possible to determine the worth of Wellnex Life on a given historical date. On November 4, 2024 Wellnex was worth 0.67 at the beginning of the trading date compared to the closed value of 0.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wellnex Life stock. Still, in general, we apply an absolute valuation method to find Wellnex Life'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 Wellnex Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wellnex Life's related companies.
| Open | High | Low | Close | Volume | |
| 0.74 | 0.74 | 0.65 | 0.66 | 44,062 | |
11/04/2024 | 0.67 | 0.73 | 0.65 | 0.65 | 28,527 |
| 0.67 | 0.69 | 0.67 | 0.67 | 21,996 |
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Wellnex Life Trading Date Momentum on November 4, 2024
| On November 05 2024 Wellnex Life was traded for 0.67 at the closing time. The maximum traded price for the trading interval was 0.69 and the lowest daily price was 0.67 . The daily volume was recorded at 22 K. The volume of trading on 5th of November 2024 played a part in the next trading day price appreciation. The trading price change to the next closing price was 3.08% . The trading price change to the closing price today is 1.54% . |
Wellnex Life Fundamentals Correlations and Trends
By evaluating Wellnex Life'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 Wellnex Life's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wellnex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Wellnex Life Stock history
Wellnex Life 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 Wellnex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wellnex Life 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 Wellnex Life stock prices may prove useful in developing a viable investing in Wellnex Life
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 23.9 M | 25.1 M | |
| Net Loss | -12.5 M | -13.1 M |
Wellnex Life Stock Technical Analysis
Wellnex Life 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
Wellnex Life Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Wellnex Life cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Wellnex Life December 15, 2024 Market Strength
Market strength indicators help investors to evaluate how Wellnex Life stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wellnex Life shares will generate the highest return on investment. By undertsting and applying Wellnex Life stock market strength indicators, traders can identify Wellnex Life entry and exit signals to maximize returns
Wellnex Life Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Wellnex Life's price direction in advance. Along with the technical and fundamental analysis of Wellnex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wellnex 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 | (0.02) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (1.41) | |||
| Treynor Ratio | 0.2078 |
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Additional Tools for Wellnex Stock Analysis
When running Wellnex Life's price analysis, check to measure Wellnex Life'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 Wellnex Life is operating at the current time. Most of Wellnex Life's value examination focuses on studying past and present price action to predict the probability of Wellnex Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wellnex Life's price. Additionally, you may evaluate how the addition of Wellnex Life to your portfolios can decrease your overall portfolio volatility.